India's KIOCL up on resuming operations at plant

KIOCL

20/12/2023 05:27

** Shares of KIOCL  KIOC.NS  up 6.3% in strong volumes after
resuming operations at factory
    ** More than 766,000 shares change hands, 2.5x its 30-day
avg
    **  Iron ore miner on Tuesday said its pellet plant unit in
Mangalore has restarted operations
    ** Co last week suspended ops at the plant due to
non-availability of iron-ore fines
    ** Stock trading above 50-, 100- and 200-day moving averages
since Dec. 8
    ** Including session gains, KIOC up 67.2% YTD


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