Sandur Manganese zooms on executing SSSHA, PPA for captive consumption of renewable power
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Sandur Manganese & Iron Ores is currently trading at Rs. 3182.05, up by 155.50 points or 5.14% from its previous closing of Rs. 3026.55 on the BSE.
The scrip opened at Rs. 3400.00 and has touched a high and low of Rs. 3455.00 and Rs. 3126.00 respectively. So far 102533 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5075.00 on 12-Apr-2022 and a 52 week low of Rs. 1551.00 on 11-Aug-2021.
Last one week high and low of the scrip stood at Rs. 3455.00 and Rs. 2480.00 respectively. The current market cap of the company is Rs. 2864.42 crore.
The promoters holding in the company stood at 73.23%, while Institutions and Non-Institutions held 1.31% and 25.46% respectively.
Sandur Manganese & Iron Ores has completed the process of execution of Share Subscription and Share Holding Agreement (SSSHA) with Renew Green Energy Solutions and Renew Sandur Green Energy and Power Purchase Agreement (PPA) with Renew Sandur Green Energy for captive consumption of renewable power at its Metal & Ferroalloys Plant located at Vyasanakere, Hosapete Taluk, Vijayanagara District, Karnataka on July 21 2022.
Sandur Manganese & Iron Ores is engaged in mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.
