Pay to Marwadi

Company Profile

KIOCL LTD.

NSE : KIOCLBSE : 540680ISIN CODE : INE880L01014Industry : Mining & MineralsHouse : PSU
BSE389.253.5 (+0.91 % )
PREV CLOSE (Rs.) 385.75
OPEN PRICE (Rs.) 389.45
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 45464
TODAY'S LOW / HIGH (Rs.)386.00 402.00
52 WK LOW / HIGH (Rs.)165.2 576.55
NSE388.90 3.25 (+0.84 % )
PREV CLOSE(Rs.) 385.65
OPEN PRICE (Rs.) 387.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 251176
TODAY'S LOW / HIGH(Rs.) 386.30 401.10
52 WK LOW / HIGH (Rs.)166 577.35

Company News

Date Heading Details
20-Mar-2024 G R Infraprojects, Entertainment Network and Adani Enterprises to see some action today <p style="text-align: justify;"><b>G R Infraprojects</b> has received completion certificate for the project of Construction of Four Lane Elevated Road as part of under construction J P Ganga Path (Digha to Deedarganj) from Dulli Ghat (Ch. 13+525.79 Km) to Nuruddin Ghat (Ch: 16+975.79Km), from Dharamshala Ghat (Ch: 19+890 Km) to Old NH-30 (Ch: 20+530.5) along with connectivity to Ashok Raj path at Kangan Ghat (Ch: 15+700 Km) and Patna Ghat (Ch: 16+600 Km.) with allied facilities at Patna in the State of Bihar on EPC mode. The completion certificate has been issued by the Authority's Engineer on March 19, 2024 and has declared the project fit for entry into commercial operation with effect from February 13, 2024.</p><p style="text-align: justify;"><b>Entertainment Network (India) </b>has received approval for acquiring up to 50% equity interest stake in Ninety-nine Audiovisual Media Production LLC, Saudi Arabia based entity, by investing up to five million Saudi Riyal (SAR). The company intends to initiate radio broadcasting operations in Saudi Arabia and NN LLC has obtained licenses for the same from the government of Saudi Arabia.&nbsp;</p><p style="text-align: justify;"><b>Adani Enterprises</b>' wholly owned subsidiary -- Adani Tradecom (ATL) has acquired balance 49% stake in Adani Green Technology (AGTL) from Adani Trading Services LLP (ATS LLP) and hence AGTL has become a step-down wholly owned subsidiary of the Company. Consequent to the above, Mundra Solar, a wholly owned subsidiary of AGTL, has also become a step-down wholly owned subsidiary of the Company.</p><p style="text-align: justify;"><b>Rushil Decor </b>has incorporated subsidiary company of in the name of ‘Rushil Modala PLY' on March 19, 2024. The company incorporated for the purpose of manufacturing and sale of Plywood and other allied products.</p><p style="text-align: justify;"><b>KIOCL </b>has installed 4 No's of Vertical Pressure Filters in Pellet Plant Unit situated at Mangalore as a part of upgradation of the existing filtration system to achieve desired moisture in filter cake for pellet feed from iron ore having high alumina &amp; slime. The capacity of each filter is 100 Tons/hr. The filters are under operation now. The performance guarantee test has been started from March 18, 2024 to ensure the desired parameters.&nbsp;</p><p style="text-align: justify;"><b>EFC</b>&nbsp;(I) -- wholly owned subsidiary -- EFC has bagged prestigious contract for Supply, Installation, Testing, Commissioning and Handing Over of Interior, MEP and Allied works at Tata Consultancy Services (TCS), IIT Delhi Research &amp; Innovation Park, New Delhi. The company has begun the work of mobilization of resources to complete the project well within the prescribed timelines as per the Contract Terms.</p><p style="text-align: justify;"><b>Tata Consultancy Services</b> (TCS) has announced that Central Bank, a leading Midwest regional bank, will use TCS BaNCS to update its core technology infrastructure, drive innovation, and strengthen customer relationships. Central Bank's strategic partnership with TCS aims to create frictionless and flexible customer onboarding processes, enabling continued growth for the bank. Central Bank manages more than $20 billion in assets serving more than 150 locations in 78 communities throughout Missouri, Kansas, Illinois, and Oklahoma. The bank's decision to deploy TCS BaNCS underscores its commitment to embracing advanced technology to simplify operations and enhance customer experiences.&nbsp;</p><div style="text-align: justify;"><br></div>
19-Mar-2024 KIOCL installs Vertical Pressure Filters in Pellet Plant Unit at Mangalore <p style="text-align: justify;">KIOCL has installed 4 No's of Vertical Pressure Filters in Pellet Plant Unit situated at Mangalore as a part of upgradation of the existing filtration system to achieve desired moisture in filter cake for pellet feed from iron ore having high alumina &amp; slime. The capacity of each filter is 100 Tons/hr. The filters are under operation now. The performance guarantee test has been started from March 18, 2024 to ensure the desired parameters.&nbsp;</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div>
26-Feb-2024 KIOCL informs about disclosure <p style="text-align: justify;">KIOCL has informed that Stock Exchanges have levied fine of Rs 5,42,800 each (inclusive GST) on the Company for the Non-Compliance with Regulation-17(1), half of the Board was not Independent for the Quarter ended 31st December, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div><br></div>
13-Feb-2024 KIOCL informs about outcome of board meeting <div style="text-align: justify;">KIOCL has informed that the Board of Directors at its Meeting held on today February 13, 2024 has approved the following: the Un-Audited Financial Results along with the Limited Review Report for the third quarter and nine-months ended December 31, 2023. Pursuant to Regulation 33 of SEBI (LODR), Regulations, 2015, Statement of Unaudited Financial Results along with limited review report of the Auditors thereon for the Quarter and Nine Months ended 31st December, 2023 are enclosed as Annexure-A. Further, Board has authorized T. Saminathan, Chairman-cum-Managing Director &amp; Chief Executive Officer of the Company to sign the aforesaid financial results on behalf of the Board; Appointment of Saumen Das Gupta, as the Chief Financial Officer (CFO), Key Managerial Personnel of the Company with immediate effect. His brief profile and other details as per SEBI circular dated 13-07-2023 is attached as Annexure-B. The Meeting of the Board commenced at 9:30 Hrs (IST) and concluded at 12:00 Hrs (IST).</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
13-Feb-2024 Appointment Of CFO Appointment of Shri Saumen Das Gupta as CFO of the Company with immediate effect.
06-Feb-2024 KIOCL submits board meeting intimation <div style="text-align: justify;">Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, KIOCL has informed that a Meeting of the Board of Directors of KIOCL is scheduled to be held on Tuesday, February 13, 2024 to consider and approve the Un-Audited Financial Results of the Company for the quarter and nine months ended on December 31, 2023 for the FY 2023-24.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
18-Jan-2024 KIOCL informs about updates <div>KIOCL has informed that in pursuance of Ministry of Steel Order dated 29-11-2023, Shri Manoj Kumar Jhawar (DIN: 07306454) has relinquished the charge of Director (Finance) and Chief Financial Officer of the Company with effective from 17-01-2024 (F/N). Further, Ministry of Steel, Govt. of India vide its order dated 15-01-2024 assigned additional charge of Director (Finance) to T. Saminathan, Chairman-cum-Managing Director of the Company, for a period of three months with effective from 17-01-2024 upto 16-04-2024 or till a regular incumbent joins the post, or till further orders, whichever is the earliest. In pursuance to aforesaid order, T. Saminathan, (DIN: 08291153) Chairman-cum-Managing Director has assumed the additional charge of Director (Finance), KIOCL with effective from 17-01-2024 (A/N).</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
16-Jan-2024 KIOCL resumes pellet production at Mangalore Unit <p style="text-align: justify;">KIOCL has resumed the pellet production at Pellet Plant Unit of the Company situated at Mangalore. The pellet production has been resumed with effect from January 16, 2024.</p><p style="text-align: justify;">Earlier, the company had suspended the operations of Pellet Plant Unit (The Plant) with effect from January 9, 2024 due to non-availability of iron-ore fines.&nbsp;&nbsp;</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div>
16-Jan-2024 KIOCL jumps on resuming pellet production at Mangalore Unit <p style="text-align: justify;">KIOCL is currently trading at Rs. 380.10, up by 4.90 points or 1.31% from its previous closing of Rs. 375.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 381.25 and has touched a high and low of Rs. 394.60 and Rs. 376.50 respectively. So far 70073 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 520.00 on 18-Oct-2023 and a 52 week low of Rs. 165.20 on 29-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 394.60 and Rs. 353.80 respectively. The current market cap of the company is Rs. 23255.60 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 99.03%, while Institutions and Non-Institutions held 0.10% and 0.87% respectively.</p><p style="text-align: justify;">KIOCL has resumed the pellet production at Pellet Plant Unit of the Company situated at Mangalore. The pellet production has been resumed with effect from January 16, 2024.<br>Earlier, the company had suspended the operations of Pellet Plant Unit (The Plant) with effect from January 9, 2024 due to non-availability of iron-ore fines.&nbsp;&nbsp;</p><p style="text-align: justify;">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.</p>
20-Dec-2023 Rail Vikas Nigam, LTIMindtree and Kilburn Engineering to see some action today <p style="text-align: justify;"><b>Rail Vikas Nigam</b>'s (RVNL) joint venture (JV) KRDCL-RVNL has emerged as the Lowest Bidder (L1) for Varkala Sivagiri Railway Station - Major upgradation/redevelopment of Varkala Sivagiri Railway Station in Kerala. The project cost is Rs 123.36 crore. The said project is expected to be completed in 30 months.&nbsp;</p><p style="text-align: justify;"><b>LTIMindtree</b> has collaborated with Microsoft to introduce cutting-edge, AI Powered Employee Engagement Applications. This collaboration marks a significant leap forward in delivering enhanced employee and customer experiences. Under the umbrella of LTIMindtree's innovative Canvas.AI suite of AI offerings and solutions, these Generative AI Powered Employee Engagement Applications will redefine enterprise effectiveness and enable greater personalization.</p><p style="text-align: justify;"><b>Kilburn Engineering</b> has received an LoI from a leading Indian steel manufacturer amounting to Rs 18.85 crore for an Externally Fired Superheater. Earlier, the company had received various LOIs/ orders worth Rs 46.45 crore.</p><p style="text-align: justify;"><b>Sanghvi Movers</b> has received work order aggregating to Rs 166 crore from one of eminent Independent Power Producers (IPP) in the renewable energy sector, for providing Cranes, WTG Inter-carting, Installation &amp; Pre-commissioning and making WTG Foundations with geotechnical analysis. The total duration of this contract is 24 months starting from January - 2024 till January 2026.&nbsp;</p><p style="text-align: justify;"><b>Bank of Baroda</b> has launched the bob BRO Savings Account - a Zero Balance Savings Account especially designed for students aged 16 to 25 years. The bob BRO Savings account provides students access to a banking programme that is customised to meet their specific needs and is easy &amp; straightforward to operate, with no minimum balance requirement, a lifetime complimentary debit card and a number of other benefits.</p><p style="text-align: justify;"><b>KIOCL</b> has resumed the pellet production at Pellet Plant Unit of the Company situated at Mangalore. The pellet production has been resumed with effect from December 19, 2023.</p><p style="text-align: justify;"><b>Steelman Telecom</b> has received a work orders worth of Rs.29.70 crore from Bharti Airtel Services for the purpose of Network Maintenance of Bharti Airtel.</p>