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501831 Coastal News Story

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Consumer DefensivesSpeculativeMicro CapNeutral

India's Coastal Corporation gains after unit starts production at ethanol project

** Shares of Coastal Corporation COAS.NS rise 5.6% to 39.01 rupees

** Co's subsidiary Coastal Biotech starts commercial production at ethanol project

** Trading vols at 213,798 shares, over 2x the 30-day average

** COAS down ~28% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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