The company received LoA from Northern Coalfields for excavation of overburden from Amlohri OCP.
Moneycontrol News
Share price of Sical Logistics rose nearly 6 percent intraday Thursday as company received letter of acceptance (LoA) from Northern Coalfields.
The company received LoA from Northern Coalfields for excavation of overburden from Amlohri OCP.
The contract is for Rs 1345 crore for excavation of overburden of first dig [solid] by mechanical means and allied transportation activities at Amlohri OCP for excavation of 145 million BCM over a period of 51 months.
The company's board meeting is scheduled to be held on May 11 for approving and authenticating the audited financial results for the year ended March 31, 2018.
At 11:55 hrs Sical Logistics was quoting at Rs 216.35, up Rs 4.95, or 2.34 percent on the BSE.
Posted by Rakesh Patil