India's Kirloskar Ferrous gains on being named preferred bidder for iron ore mine

Kirloskar Ferrous Industries

23/07/2025 09:47

** Shares of Kirloskar Ferrous Industries Ltd KRFI.BO climb 3.5% to 598 rupees

** Castings and pig iron manufacturer says it has been declared the preferred bidder by Karnataka state for the Jambunatha iron ore mine

** KRFI rose as much as 6.3% earlier in the session

** Over 108,000 shares traded, 1.6x the 30-day average volume

** YTD losses narrow to 6.4%

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))