Kiocl

NMDC-KIOCL merger on cards, awaits clearances from ministries, regulators

NMDC continues to meet the country's iron ore demands, achieving a turnover of Rs 21,294 crore in financial year 2023-24

Stocks to Watch: Delta Corp, Vedanta, KIOCL, Power Grid, M&M, IRCTC, Lupin

Stocks to Watch on January 10, 2024: The company reported 15 per cent YoY decline in Q3 consolidated revenue to Rs 231.7 crore. Net profit slumped 59 per cent to Rs 34.5 crore

KIOCL requests stock exchanges to waive penalties of about Rs 17 lakh

State-owned KIOCL on Thursday requested stock exchanges BSE, NSE and MSE to waive about Rs 17 lakh fine imposed on the company for non-compliance with norms related to appointment of independent directors. The fine levied by exchanges has no impact on the financial, operation or other activities of the company, KIOCL said in a BSE filing. The non-compliance with norms on the composition of the board was neither due to any negligence/default by the company nor within the control of KIOCL's management, and continuous efforts were made to meet the compliance requirements. "NSE, BSE and Metropolitan Stock Exchange of India (MSE) have levied fine of Rs 5,42,800 each (incl GST) for the non-compliance with regulation-17(1) i.e., half of the board was not independent, for the quarter ended September 30, 2023," KIOCL said. It further said the company is a government-owned entity where President of India has the power to appoint directors (including independent director) on the board. All .

3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs

Shares of STC India, ITDC, and KIOCL from the S&P BSE CPSE index were locked at 20 per cent upper circuit, hitting multi-year highs

Govt gets dividend tranches from Uranium Corp, Shipping Corp, KIOCL

The Central government has received Rs 197 crore, Rs 48 crore, and Rs 10 crore from Uranium Corporation of India Ltd, KIOCL and Shipping Corporation of India (SCI), respectively, as dividend tranches

NFRA finds errors in KIOCL's financial statements for 2019-20 period

KIOCL, a public sector undertaking, is mainly into iron ore mining activities.

KIOCL freezes at 10% upper circuit as Board to mull share buyback

The board will meet on Monday, October 19, 2020 to consider the proposal for buy back of fully paid-up equity shares of the company

KIOCL to invest Rs 3,500 cr in various green and brownfield projects

The company's exports are driven mainly by demand from China, which consumes nearly 50 per cent of iron ore produced in the world

KIOCL gains 11% as board mulls share buyback proposal

The stock moved higher by 11% to Rs 195 on the BSE after the state-owned company announced that its board will meet on Tuesday, September 18, 2018 to consider share buyback proposal.

KIOCL plans to invest Rs 25 billion to set up pellet plant in Visakhapatnam

Allocation of a captive mine has provided respite to the state-owned entity, operating a 3.5-million tonne per annum pellet plant in Mangaluru

Pellet maker KIOCL to acquire 51% stake in Odisha PSU Idcol

Idcol has been engaged in the production of pig iron, cast iron spun pipes, and ferro alloys since the 1960s