JK Cement Ltd updates on Mahan Coal Block

JK Cement Ltd. has participated / submitted the winning bid for "Mahan Coal Block" and "West of Shahdol (South) Coal Block" in the recent Commercial Coal Mine E-auction organised by Ministry of Coal, Govt of India on 12th and 13th March'24. However, it should be noted that the Allocation Order(s) is/are yet to be issued and Coal Mine Development and Production Agreement (CMDPA) is/are yet to be signed and the mine is/are yet to be vested by the Company.

Shares of JK Cement Limited was last trading in BSE at Rs. 4000.60 as compared to the previous close of Rs. 4065.40. The total number of shares traded during the day was 3850 in over 706 trades.

The stock hit an intraday high of Rs. 4078.40 and intraday low of 3984.10. The net turnover during the day was Rs. 15447553.00.

Source : Equity Bulls

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JKCement INE823G01014 MahanCoalBlock Update