AC Choksi Share Brokers Private Limited

A C ChoksiShare Brokers Private LimitedA C Choksi Institutional Research |Initiation Report|MINING MOILApril 26, 2011Recommendation History: MOIL LtdMOIL 3QFY11 Result UpdateEquity Research TeamJinesh Sarat Sheth+91 22 3021 9025Jinesh@acchoksi.comDisclaimerThe information and views presented in this report are prepared by A C Choksi Share Brokers Private Limited.The information contained herein is based on our analysis and up onsources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for anyloss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions basedon their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentionedin this report, investors may please note that neither A C Choksi Share Brokers Private Limited nor any person connected with any associated companies of A C Choksi ShareBrokers Private Limited accepts any liability arising from the use of this information and views mentioned in this document.The analysts for this report certifiesthat all of the viewsexpressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be,directly or indirectly related to specific recommendations or views expressed in this report.Disclosure of InterestAnalyst ownership of the stockNOBroking Relationship with the company coveredNOInvestment Banking relationship with the company coveredNODiscretionary Portfolio Management ServicesNO_____________________________________________________________________________________A C Choksi Institutional Researchresearch@acchoksi.com 65