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KIOCL KIOCL News Story

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Basic MaterialsHighly SpeculativeMid CapNeutral

India's KIOCL rises as operations at unit restart

** Shares of KIOCL  KIOC.NS  rise as much as 4.7% to 346.4
rupees, highest since Sept. 25
    ** The iron ore mining co reported on Friday operations of
pellet plant unit at Mangalore to restart from Oct 14
    ** Stock trading above its 50-day, 100-day and 200-day
simple moving averages, indicating bullish sentiment
    ** Stock currently up 2.6%, bumping YTD gains to 47%


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

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