Stock Report

Government of India allots Jai Balaji Sponge mine for coking coal



Posted On : 2007-04-19 10:08:03( TIMEZONE : IST )

Government of India allots Jai Balaji Sponge mine for coking coal

Jai Balaji Sponge Ltd has announced that Ministry of Coal, Government of India, vide their letter dated April 09, 11, 2007 has allocated ROHNE mine for coking coal to the Company jointly with JSW Steels Ltd and Bhushan Power & Steel Ltd. The Company's share consists of 17.23 million tonnes of coking coal.

The stock closed the day at Rs.67.90, up by Rs.1.60 or 2.41%. The stock hit an intraday high of Rs.67.95 and low of Rs.65.80. The total traded quantity was 2100 shares compared to 2 week average of 1192.

Source : Equity Bulls

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