
Rohit Ferro-Tech hit the upper circuit of 4.98 per cent to end at Rs 154.95 after the company said it has entered into a MoU with PSP Group to acquire 60 per cent economic interest in two coal mining companies in Indonesia.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Rohit Ferro-Tech hit the upper circuit of 4.98 per cent to end at Rs 154.95 after the company said it has entered into a MoU with PSP Group to acquire 60 per cent economic interest in two coal mining companies in Indonesia. 
</p><p class='TableClas'>The company will fund the Rs 625 crore capital expenditure in this financial year through internal accruals and debt, rather than equity dilution. The counter saw a turnover of 4.24 lakh shares as against two-week average volumes of 3.35 lakh shares. </P></p></table>


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