India's KIOCL dips after reporting wider quarterly loss

KIOCL

31/10/2024 06:47

** Shares of KIOCL Ltd  KIOC.NS  fall as much as 4.1% to
327.55 rupees
    ** Iron ore miner reported a wider Sept-qtr loss after tax
of 692.1 mln rupees from a loss of 213.9 mln rupees year ago;
income from ops fell over 96% y/y
    ** Pellet plant rev fell over 96% y/y
    ** Stock set to snap three-day gaining streak
    ** More than 81,000 shares traded as of 12:09 p.m. IST, vs
their 30-day moving avg of 70,822 shares
    ** KIOC last down 0.9%, adding to YTD losses of 8% 

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))