India's KIOCL hits 3-week peak as pellet plant resumes operation
05/12/2024 05:26
** Shares of state-owned iron ore and steel producer KIOCL
Ltd KIOC.NS rise as much as 3.9% to 387 rupees, a three-week
high
** Stock last up 2.61%
** Co's pellet plant unit in Mangalore resumes operation
** Plant was temporarily shut down in June due to adverse
market conditions for pellet, the co had said
** YTD, shares have gained 4.7%
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.Agarwal@thomsonreuters.com))