KIOCL Ltd (KIOCL)

KIOCL Celebrates International Day of Yoga - 21 Jun, 2024

KIOCL Limited celebrated the International Day of Yoga by hosting a yoga session, highlighting its commitment to promoting a healthy work environment.

KIOCL Stock Surges on Approval to Start Mining Operations - 13 Jun, 2024

KIOCL Ltd's stock volume surged by 3.18 fold with an 11.35% rise to Rs.476.40 following Union Steel Minister's approval to operationalize Devadari iron ore mine. The move is expected to be a lifeline for the company post-closure of mining in Kudremukh and has already resulted in shares jumping nearly 16%.

KIOCL Suspends Production at Pellet Plant Unit - 11 Jun, 2024

KIOCL Ltd has suspended production at its Pellet Plant Unit in Mangalore due to the ongoing downward trend in pellet market conditions.

KIOCL Celebrates World Environment Day - 05 Jun, 2024

KIOCL Limited celebrated World Environment Day with a sapling plantation ceremony at its corporate office in Bangalore. The CMD, Director, and CVO emphasized the importance of environmental conservation efforts and distributed saplings to all employees.

KIOCL Ltd Reports Decrease in Net Sales and Quarterly Net Loss - 04 Jun, 2024

KIOCL Ltd's standalone net sales for March 2024 decreased by 49.34% YoY, with a quarterly net loss of Rs. 42.91 crore. EBITDA also decreased to negative Rs. 10.51 crore. The stock has given positive returns of 43.24% over the last 6 months and 127.79% over the last 12 months.

Ganti Venkat Kiran Appointed as Chairman cum Managing Director of KIOCL Ltd - 03 Jun, 2024

KIOCL Limited has appointed Ganti Venkat Kiran, a veteran with over 34 years of experience in the steel sector, as its new Chairman cum Managing Director. His appointment is expected to drive the company's growth and expansion.

KIOCL Reports Net Loss in FY 2024 - 31 May, 2024

KIOCL Ltd reported a net loss of ₹833.1m in FY 2024, with a loss per share of ₹1.37, an improvement from the previous year's loss of ₹1.61 per share. The company's revenue increased by 23% from FY 2023. KIOCL shares are down 9.9% from a week ago.

KIOCL Shareholders See Impressive 27% CAGR Over 5 Years - 24 May, 2024

Despite shrinking earnings, KIOCL shareholders have seen a share price rise of 27% per year over the last half-decade. The company's history of dividend payouts has contributed to its TSR of 235% over the last five years.