MOIL consolidation on in 3rd wave company has been continuously giving higher output and making higher lows in weekly chart since 2017. company gives dividend twice a year of rs 3 and 3/4 , announces buy back now and then enhancing shareholder value. book value 110 ,ROCE 15 % ,ROE 11.3% . debt free company. manganese ore producer having market share of 45% of india production. capex of rs 650 cr has been funded internally. 692 cr buy back also funded internally. PORFOLIO GRADE STOCK.