India's Sarda Energy gains after winning bid for Madhya Pradesh coal mine

Sarda Energy & Minerals

19/08/2025 08:11

** Shares of Sarda Energy & Minerals SAEM.NS up 2.7% at 597.9 rupees

** Co says it was declared preferred bidder for Senduri Coal

mine in Madhya Pradesh on 9.50% revenue sharing with State Government

** Stock set to rise for a second straight session, up ~20% YTD

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))