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HBL Engineering, Godfrey Phillips, Ola Electric, Sarda Energy and Uno Minda gained over 20% in Aug. In general, 20% gain is considered a bullish sign; here's a technical check on these 5 stocks.
Sarda Energy shares rose 3% after the company emerged as the successful bidder for the Senduri coal mine in Madhya Pradesh's Shahdol and Umaria districts
Shares of Sarda Energy & Minerals hit an all-time high of Rs 607.45, rallied 12.5% in Wednesday's intra-day trade, surpassing its previous high of Rs 565.55, touched on March 19, 2025 on the BSE.
Shares of Sarda Energy & Minerals has zoomed 20% at ₹527.10 in Monday's intra-day trade with a combined 3.82 million shares or 1.08% of total equity of the company changed hands on the NSE and BSE.
At 10:45 AM, Sarda Energy & Mineral shares were trading at ₹456.35, up by 3.36 per cent on the National Stock Exchange.
Sarda Energy & Minerals share price moved higher by 9 per cent to Rs 514.65 on the BSE in Monday's intra-day trade amid heavy volumes in an otherwise weak broader market.
The rally in Sarda Energy & Minerals share price came after the company announced that it has been declared as Preferred Bidder for Gare Palma IV/5 coal mine in District Raigarh, Chhattisgarh
These two coal blocks upon operationalisation will generate annual revenue of Rs 339.06 crore calculated at peak rated capacity (PRC) of these mines
Torrent Group was actively pursuing the acquisition of Cipla and JB Chemicals and Pharmaceuticals but ultimately withdrew due to high valuations demanded by the sellers
It stated that, according to the Supreme Court, there should be minimal interference in the commercial decision of the committee of creditors
The rally in Sarda Energy share price came after the company announced that it has secured Chhattisgarh Environment Conservation Board nod to expand coal production from 1.44 MTPA to 1.68 MTPA.
The lenders of SKS Power Generation have received an upfront payment of Rs 1,950 crore from Sarda Energy and Mining, the successful bidder for the debt-ridden thermal power producer, the insolvency appellate tribunal NCLAT was informed on Tuesday. Moreover, allegations of "malafide" intention or aligning towards any party while approving the resolution plan from Sarda Energy were also rejected during the proceedings of the NCLAT by senior advocate Mukul Rohatahi, representing the lenders. A proper evaluation was made based on the earlier direction given by the NCLAT in this matter and a "clear decision was made" by the Committee of Creditors (CoC) of SKS Power Generation. "There is no case of malafide and we are not aligning to one party or the other. We have taken a call based on the commercial decision," he said. Torrent Power and Singapore-based Vantage Point Asset Management Pte, which were also in the race to acquire SKS Power Generation, have challenged the NCLT order, approv
Torrent power has moved the appellate tribunal NCLAT against the approval of Sarda Energy and Mining's resolution plan for the debt-ridden SKS Power Generation. Earlier on August 13, the Mumbai-based bench of the National Company Law Tribunal (NCLT), while approving Sarda Energy and Mining's (SEML) bid, had rejected applications, including of Torrent Power, to acquire SKS Power Generation (Chhattisgarh). Torrent Power had raised objections over the selection process, terming it to be discriminatory, and contended that it has proposed the highest upfront payment. The Torrent group firm also sought a copy of the approved plan, which was rejected by the NCLT. The order has now been challenged by Torrent Power before the Delhi-based bench of the National Company Law Appellate Tribunal (NCLAT). Torrent Power's petition is scheduled for hearing on Tuesday before a three-member bench of the NCLAT headed by its Chairperson Justice Ashok Bhushan. Corporate Insolvency Resolution Process (CI
SKS owns a 600-MW power plant in Chhattisgarh, which is currently being run by NTPC
Surya Roshni, Gallantt Ispat, Sarda Energy & Minerals, Welspun Corp and Vardhman Special Steels (VSSL) have surged between 5 per cent and 11 per cent in Thursday's intra-day trade
Natural Resources Energy Pvt. Ltd. - a subsidiary Joint Venture company (NREPL), has been awarded the Letter of Intent for Composite Licence for iron ore block in Maharashtra
Since May 27, the day the Board approved the stock split decision, the stock price of the company has appreciated by 47 per cent
For the October-December quarter (Q3FY22), Sarda Energy reported 46 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 169 crore
The stock was up 8% at Rs 249 on the BSE.