Select mining, metal stocks up on coal blocks auction draft rules
Photo: The Hindu Business Line |
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
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