Adani Enterprises Ltd's subsidiaries bag two coal blocks

Mahanadi Mines and Minerals Private Limited ("MMMPL") and MP Natural Resources Private Limited ("MPNRPL"), Wholly Owned Subsidiaries ("WOS") of the Company, recently participated in the tenders invited by Nominated Authority, Ministry of Coal, Government of India and declared as successful bidders for the below mentioned projects:

MMMPL - Bijahan Coal Block in IB Valley, Odisha - 327 MT with 14% revenue sharing with Government.

MPNRPL - Gondbahera Ujheni East Coal Block in Singrauli, Madhya Pradesh - 250 MT with 5% revenue sharing with Government.

Shares of Adani Enterprises Limited was last trading in BSE at Rs. 1869.60 as compared to the previous close of Rs. 1832.65. The total number of shares traded during the day was 325855 in over 2531 trades.

The stock hit an intraday high of Rs. 1899.00 and intraday low of 1822.20. The net turnover during the day was Rs. 608888497.00.

Source : Equity Bulls

Keywords

AdaniEnterprises INE423A01024 CoalBlocks SuccessfulBidder