KIOCL Limited and Glencore International AG sign MoU

KIOCL Limited and Glencore International AG (GIAG) has signed a non-binding Memorandum of Understanding (MoU) on 25th October, 2021, whereby KIOCL Limited will supply iron ore pellets to GIAG for further sale by GIAG in South Korean, European and Non-Chinese market. The MoU shall be valid for a period of one year.

Shares of KIOCL Limited was last trading in BSE at Rs. 269.85 as compared to the previous close of Rs. 261.30. The total number of shares traded during the day was 4580 in over 434 trades.

The stock hit an intraday high of Rs. 271.30 and intraday low of 261.30. The net turnover during the day was Rs. 1231231.00.

Source : Equity Bulls

Keywords

KIOCL INE880L01014 Glencore MoU IronOrePellets