|Photo: The Hindu Business Line|
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Thursday, November 20, 2014
Select mining, metal stocks up on coal blocks auction draft rules
The coal ministry on Wednesday unveiled draft rules for auction of 204 coal blocks cancelled by the Supreme Court earlier - PIB website.
Hindalco Industries gains 0.65 pct while Sarda Energy and Minerals surges 3.4 pct.
Timeframe provided in the draft rules for auction is positive - dealers
Details on pricing, compensation still awaited, dealers add.
Reporting by Abhishek Vishnoi
Courtesy: The Business Standard