Star Cement Ltd and its subsidiary receives LOI from Coal India for procurement of coal

Star Cement Limited and its Material Subsidiary M/s. Star Cement Meghalaya Limited have received the Letter of Intimations from Coal India Limited as successful bidders for procurement of 3.12 lacs tonnes of coal per annum for the period of 10 years from the date of entering into Fuel Supply Agreements (FSA). This is in addition to the existing FSA in subsidiaries.

Shares of Star Cement Limited was last trading in BSE at Rs. 206.85 as compared to the previous close of Rs. 206.35. The total number of shares traded during the day was 30129 in over 1044 trades.

The stock hit an intraday high of Rs. 208.75 and intraday low of 202.25. The net turnover during the day was Rs. 6213975.00.

Source : Equity Bulls

Keywords

StarCement INE460H01021 StarCementMeghalaya LOI CoalIndia