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Wednesday, March 23, 2011

Monnet Ispat to buy another coal mine in Indonesia


Wed, Mar23,2011

Monnet Ispat touched an intraday high of Rs 532.50 and an intraday low of Rs 529.95. At 09:29 hrs the share was quoting at Rs 531.50, up Rs 6.15, or 1.17% on the NSE.

The company is close to buying another coal mine in Indonesia having reserves of fewer than 100 million tones, reports Business Standard.

It was trading with volumes of 2,573 shares. In the previous trading session, the share closed up 0.31% or Rs 1.60 at Rs 525.35. (source:moneycontrol)

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