India's Prakash Industries rises on securing Chhattisgarh coal mine bid

Prakash Industries

13/09/2021 06:52

** Shares of ferro alloys producer  PRKI.NS  rise as much as
4% to 69.80 rupees, their biggest intraday pct gain in more than
a week 
    ** Says https://bit.ly/3A61j6k India's coal ministry
declared PRKI as successful bidder of Bhaskarpara coal mine in
the state of Chhattisgarh
    ** More than 310,000 shares traded by 0502 GMT, 0.2 times
30-day avg of 1.4 mln shares 
    ** As of last close, PRKI up 22.1% this year vs a 77.14%
rise in the Nifty metal index  .NIFTYMET  

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))