India's MSTC gains on 2-yr contract from Coal India

MSTC

11/03/2025 06:36

** Shares of MSTC MSTC.NS rise as much as 5.4% to 484.60 rupees

** E-commerce co on Monday said it has been awarded a 2-year contract by Coal India COAL.NS to provide e-auction services for coal and coal products

** Co did not disclose financial details of the contract

** More than 498,000 shares change hands, 1.5x of 30-day avg

** Stock last up 3%, cutting YTD loss to 30.2%

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))