Sarda Energy & Minerals Ltd declared successful bidder for coal mine operation

South Eastern Coalfields Ltd. [SECL] has issued Letter of Acceptance [LOA] to Sarda Energy & Minerals Ltd against Company's bid for the Re-opening, Salvaging, Rehabilitation, Development and Operation of Kalyani Underground Mines, in the state of Chhattisgarh on revenue sharing of 4.5% basis.

Shares of Sarda Energy & Minerals Limited was last trading in BSE at Rs. 1095.10 as compared to the previous close of Rs. 1114.20. The total number of shares traded during the day was 4702 in over 672 trades.

The stock hit an intraday high of Rs. 1130.35 and intraday low of 1090.60. The net turnover during the day was Rs. 5198151.00.

Source : Equity Bulls

Keywords

SardaEnergyandMinerals INE385C01013 LOA SuccessfulBidder SouthEasternCoalfields CoalMine