Monnet Ispat surges on winning coal block in Chattisgarh
The stock surged 10% to Rs 61.45 on BSE in early morning trade.
 "Monnet Ispat surges on winning coal block in Chattisgarh")
Shares of Monnet Ispat and Energy has surged 10% to Rs 61.45 on BSE in early morning trade on reports that the company has bagged one coal block in Chhattisgarh.
"Monnet Ispat, highest bidder at Rs 2,619 (per tonne) for Gare Palma IV/7 (coal mine)," Coal Secretary Anil Swarup tweeted, the PTI report suggests.
The stock opened at Rs 60 and touched high of Rs 63 on BSE. The counter has seen huge trading volumes with a combined around 583,000 shares changed hands in first 10 minutes of trade on BSE and NSE.
"Monnet Ispat, highest bidder at Rs 2,619 (per tonne) for Gare Palma IV/7 (coal mine)," Coal Secretary Anil Swarup tweeted, the PTI report suggests.
The stock opened at Rs 60 and touched high of Rs 63 on BSE. The counter has seen huge trading volumes with a combined around 583,000 shares changed hands in first 10 minutes of trade on BSE and NSE.