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Sarda Energy surges on restoration of operations at iron ore mine

The stock was up 8% at Rs 249 on the BSE.

Mining, Iron ore
SI Reporter Mumbai
Last Updated : Nov 30 2016 | 10:05 AM IST
Sarda Energy & Minerals was trading 8% higher at Rs 249 on the BSE after the restoration of operations at iron ore mine of the company.

“The operations at the iron ore mine of the Company, which were suspended on March 07, 2016 due to naxal attack, have been restored,” Sarda Energy & Minerals said in a statement.

The stock hit an intra-day high of Rs 257 on the BSE so far. A combined 243,786 shares changed hands on the counter on the BSE and NSE till 10:00 am.
 

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First Published: Nov 30 2016 | 10:02 AM IST

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