Madhav Copper News and Updates

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03 Jan 2019

49.60

-0.64%

Mahanadi Coalfields' supply to power sector up 9% in Q3

Business Line

Odisha-based Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India, supplied close to 75.41 million tonnes (mt) of coal to power sector during the

Madhav Copper Ltd. is trading below its 150 day SMA of 51.4

MCL coal dispatches to power sector up 9%, H1 supply hits 75.4 mn tonnes

Business Standard | 03 Jan 2019

Madhav Copper Ltd.

22 Nov 2018

49.60

-0.64%

Coal crisis for industry sparks mass unrest in Odisha's western hinterland

Business Standard

MCL's chairman R R Mishra has assured that there is ample coal and industries would not be starved of it

Madhav Copper Ltd. is trading above its 100 day SMA of 49.1

Madhav Copper Ltd.

21 Sep 2018

49.60

-0.64%

Coal India subsidiary MCL to double Jharsuguda-Sardega railway line

Business Standard

Coal India subsidiary Mahanadi Coalfields Ltd (MCL) has decided to double the 53.1 km Jharsuguda-Sardega rail link to scale up coal handling. "MCL has already invested Rs 11.25 billion on the railway line. We are going to have a second line wherein total project investment will go up to Rs 25 billion. After commissioning of the second line, the handling capacity will be ramped up to 40 million tonnes per annum (mtpa) from 13 mtpa", said Jaswinder Pal Singh, director (technical & operations), MCL.Singh said, MCL produced 143 million tonnes (mt) of coal in last fiscal. In FY19, the coal miner aims at an output of 162.5 mt with 163 mt of coal despatches. "No power plant will starve for want of coal", Singh said.Prime Minister Narendra Modi is set to inaugurate the Jharsuguda-Sardega line during his Odisha visit on September 22 and dedicate to the nation the Garjanbahal open cast project (OCP) of MCL.The Garjanbahal OCP in Sundargarh district is endowed with 230 mt of coal reserves. ..

Madhav Copper Ltd. average weekly volume is high.

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Buy 77.19%

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Hold 12.28%

26.52% Fall from 52W High

High vol. this week

Madhav Copper News and Updates

Keep track of all breaking news on Madhav Copper from all sources in a single place.