Zee Business has exclusively reported significant news for Mangalam Cement. According to their sources, the company has discovered a large Kota Stone reserve, estimated to be worth between ₹8,000 to ₹16,000 crore. Following this exclusive report, the company’s stock rose by over 6% this morning.
Key points from the Zee Business exclusive:
- Mangalam Cement has submitted an application to the Rajasthan government for mine approval.
- Government approval is expected within 2-4 weeks.
- After this news broke, Mangalam Cement’s stock on the NSE reached ₹1,067.75 at 9:18 AM, showing a gain of ₹61.55 (6.12%).
Mangalam Cement के लिए बड़ी खबर
🔸Mangalam Cement को मिला कोटा स्टोन का बड़ा रिजर्व: सूत्र
🔸माइन/रिजर्व की वैल्यू करीब ₹8,000-16,000 करोड़
🔸माइन की मंजूरी के लिए राजस्थान सरकार को अर्जी दी
🔸सरकार से 2-4 हफ्तों में मंजूरी संभव#ZBizExclusive #MangalamCement #Mines… pic.twitter.com/1hzg94L6ML— Zee Business (@ZeeBusiness) September 4, 2024
This discovery could prove to be a significant turning point for Mangalam Cement, potentially boosting the company’s business and market value considerably. Investors and industry experts are closely watching this development.
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