Please be informed that our MBF has resumed Operations from April 20th, 2025.

Plant RestartedCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹33.98

prior close

₹34.29

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%-0.5% vs market

Iron & Steel peers, median of 9sector+2.1%-1.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.2 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+0.9+1.5-0.5+2.1-1.2

Next day

+2.7+2.4+0.4+3.7-1.0

+4.5+2.4+2.1+3.1+1.4

+4.5+2.8+1.7+3.2+1.3

-5.4+0.1-5.4+0.7-6.1

-5.7+0.0-5.7+2.6-8.3

-5.8-2.3-3.6+1.2-7.0

15d

-5.1+2.9-8.0+3.2-8.3

-3.3+7.4-10.7+9.6-12.9

+5.2+8.7-3.5+3.1+2.1

+5.9+14.6-8.7+9.2-3.4

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

KIC Metaliks has informed BSE that its Mini Blast Furnace (MBF) at the Durgapur Plant has restarted operations from April 20, 2025. This follows an earlier intimation dated February 6, 2025, regarding the shutdown of the same plant. The furnace was therefore non-operational for roughly two and a half months. The disclosure is made under Regulation 30(6) of SEBI's Listing Obligations and Disclosure Requirements. The filing does not mention the reason for the shutdown or the resumption, nor does it provide any financial estimate of the impact.

Likely market impact

The restart is a positive development for shareholders as it allows revenue-generating operations to resume after about 2.5 months of idling. However, the absence of details on the shutdown cause or financial impact limits visibility on earnings recovery.