KIOCL, a PSU stock with almost ‘zero’ free float, falls after surging nearly 50% surge in three sessions

Shares of the state-run company had surged on very significant volumes on Monday, where the overall volumes were double that of Friday’s session. As many as 2.6 crore shares of KIOCL had changed hands compared to their 20-day average of 16.2 lakh shares.

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