Prakash Industries Limited Emerges as Preferred Bidder for Bhaskarpara Coal Mine

The Ministry of Coal had launched the 2nd tranche of auction of Coal Mines for Commercial Mining. The Company is pleased to inform that it had participated in the auction on 4th August, 2021 for Bhaskarpara Coal Mine in Chhattisgarh and has emerged as the "Preferred Bidder", as announced by the Ministry of Coal in its press note.

The coal extracted from this mine could be used for captive consumption as well as for commercial sale.

Shares of Prakash Industries Ltd., was last trading in BSE at Rs. 83.5 as compared to the previous close of Rs. 79.1. The total number of shares traded during the day was 322192 in over 3575 trades.

The stock hit an intraday high of Rs. 84.7 and intraday low of 77. The net turnover during the day was Rs. 26211152.

Source : Equity Bulls

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