Kirloskar Ferrous Industries Limited updates on acquisition of assets of VSL Steels Limited

Kirloskar Ferrous Industries Limited has announced that renovation of the assets relating to pig iron plant situated at Paramenahally Village, Hiriyur, Chitradurga District 577598, Karnataka has been completed and manufacturing operations of pig iron have commenced on 8 February 2021 after obtaining necessary approvals / permissions / licenses from statutory / government authorities.

Shares of KIRLOSKAR FERROUS INDUSTRIES LTD. was last trading in BSE at Rs.148 as compared to the previous close of Rs. 146.65. The total number of shares traded during the day was 17820 in over 342 trades.

The stock hit an intraday high of Rs. 151.3 and intraday low of 147. The net turnover during the day was Rs. 2662304.

Source : Equity Bulls

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