Shares of KIOCL Limited fell sharply by over 8% in early trading today, October 7, following a 19% rally yesterday. The stock opened at ₹625 and touched an intraday high of ₹630 before dropping to a low of ₹577, with a trading volume of over 27 lakh shares as of 9:34 AM.
Investors seem to be booking profits following yesterday’s strong rally, which pushed KIOCL shares to their highest levels. Despite the sharp dip today, the stock remains well above its 52-week low of ₹209.84, highlighting strong momentum in recent weeks.
KIOCL shares were down 8.12% at ₹ 576.65 apiece around 9.37 am. It has jumped 40.73% this year, so far.
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