KIOCL surges on getting consent for establishment from KSPCB for Devadari Iron Ore Mine
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KIOCL is currently trading at Rs. 202.70, up by 3.35 points or 1.68% from its previous closing of Rs. 199.35 on the BSE.
The scrip opened at Rs. 201.20 and has touched a high and low of Rs. 206.05 and Rs. 196.40 respectively. So far 8916 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.50 on 11-Oct-2021 and a 52 week low of Rs. 166.65 on 16-Jun-2022.
Last one week high and low of the scrip stood at Rs. 206.05 and Rs. 195.05 respectively. The current market cap of the company is Rs. 12288.73 crore.
The promoters holding in the company stood at 99.03%, while Institutions and Non-Institutions held 0.13% and 0.84% respectively.
KIOCL has received Consent for Establishment (CfE) from the Karnataka State Pollution Control Board (KSPCB) for Devadari Iron Ore Mine under the Water (Prevention & Control of Pollution) Act, 1974 & the Air (Prevention & Control of Pollution) Act, 1981. This consent for establishment is valid up to July 26, 2027.
KIOCL is engaged in the business of manufacturing and exporting high quality Iron Oxide Pellets and supply of pig iron for domestic market. The company also in the business segment of Pellets, Pig Iron.
