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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