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VRAJ — Vraj Iron and Steel News Story

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Basic MaterialsAdventurousMicro CapNeutral

India's Vraj Iron and Steel rises on environmental clearance for project

** Shares of Vraj Iron and Steel  VRAJ.NS  rise to nearly
five-week high of 6.4% to 242.8 rupees ($2.86), last up 4.06% 
    ** Co receives consent to expand the Sponge Iron and Power
Plant in central India's Chhattisgarh from the state's
environment conservation board
    ** As of 10:50 a.m. IST, more than 230,000 shares changed
hands, 2x the 30-day average volume
    ** Stock has fallen ~9% as of last close since its trading
debut on July 3


($1 = 84.8630 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))

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