India's Mangalam Cement rises on preferred bidder status for Rajasthan mining block

Mangalam Cement

08/07/2025 06:47

** Shares of India's Mangalam Cement MGLC.NS up ~2% at 761 rupees, set to gain for the first session in four, if current momentum holds

** Co said it has been declared preferred bidder of a mining block in Kota location of Rajasthan state

** Stock down 24%, YTD

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))