India's KIOCL up on resuming pellet production in Mangaluru plant
05/09/2023 07:17
** Shares of iron miner and pellet producer KIOCL KIOC.NS
rise as much as much as 4.57% to 233.2 rupees
** Stock on track for a second consecutive session of gains,
if trend holds
** Co says it has resumed pellet production at pellet plant
unit in Mangaluru, effective Sept. 5
** More than 548,000 shares change hands by 11:39 a.m. IST,
2x the 30-day avg
** Stock down ~2.3% so far this year, as of last close
(Reporting by Anisha Ajith in Bengaluru)
((anisha.ajith@thomsonreuters.com))