Utkal Coal Ltd receives compensation of Rs. 20.69 crores

M/s Utkal Coal Ltd, subsidiary Company of Indian Metals and Ferro Alloys Ltd has received the compensation of Rs 20.69 crore towards reimbursement of statutory expenses from Ministry of coal today for its Utkal 'C' coal block, consequent upon the issuance of its vesting order to the new allottee.

Shares of Indian Metals & Ferro Alloys Limited was last trading in BSE at Rs. 254.75 as compared to the previous close of Rs. 255.45. The total number of shares traded during the day was 6491 in over 305 trades.

The stock hit an intraday high of Rs. 257.85 and intraday low of 250.00. The net turnover during the day was Rs. 1649500.00.

Source : Equity Bulls

Keywords

IndianMetalsandFerroAlloys INE919H01018 IMFA UtkalCoal Compensaton