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Sarda Energy & Minerals Limited ( (IN:SARDAEN) ) just unveiled an update.
Sarda Energy & Minerals Limited has announced that it has been declared the successful bidder for the Senduri Coal Mine located in the districts of Shahdol and Umaria, Madhya Pradesh. This acquisition involves a 9.50% revenue sharing agreement with the State Government and includes geological reserves of 248.54 million tonnes of G9 grade coal. This development is expected to enhance the company’s resource base and strengthen its position in the coal mining sector.
More about Sarda Energy & Minerals Limited
Sarda Energy & Minerals Limited is a company operating in the energy and minerals industry, focusing on the production and distribution of coal and other mineral resources. The company is certified with ISO 9001, ISO 14001, and ISO 45001, indicating its commitment to quality management, environmental management, and occupational health and safety standards.
Average Trading Volume: 94,684
Technical Sentiment Signal: Buy
Current Market Cap: 195.2B INR
For detailed information about SARDAEN stock, go to TipRanks’ Stock Analysis page.