KIOCL Ltd suspends operation of Pellet Plant due to export duty levy

KIOCL Ltd's Pellet Plant operation at Mangalore has been suspended in view of unviable operation due to levy of duty on export of Pellets by Govt. of India vide its notification dated 21.05.2022.

Shares of KIOCL Limited was last trading in BSE at Rs. 195.15 as compared to the previous close of Rs. 194.70. The total number of shares traded during the day was 2486 in over 131 trades.

The stock hit an intraday high of Rs. 196.75 and intraday low of 193.20. The net turnover during the day was Rs. 485117.00.

Source : Equity Bulls

Keywords

KIOCL INE880L01014 PelletPlant OperationsSuspended ExportDutyImpact