Mini Ratna stock, MSTC Ltd shares rise over 5%; secures order from CIL
MSTC Limited provides e-commerce-related services across varied sectors. A domestic firm won the contract for offering e-auction services covers 40 per cent of the projected work value (166 events).
New Delhi: Coal India has awarded a two-year work order to Mini-ratna Stock, MSTC Limited to function as an E-auction Service Provider for coal and coal products.
MSTC Limited provides e-commerce-related services across varied sectors. A domestic firm won the contract for offering e-auction services covers 40 per cent of the projected work value (166 events).
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Read Also : NTPC to extend support for setting up National Level Archery Academy at Nava RaipurComparatively to its previous closing price of Rs. 514.85 per share, the shares of MSTC Limited soared up to 5.7 per cent and had a High of Rs. 544.40 per share. The business has set a Board Meeting for March 26, 2025 to review the announcement of the third interim dividend for FY 2024-25.
Read Also : REC Limited declares second interim dividend Rs 4.60 per shareMSTC Limited is a public sector enterprise under the Ministry of Steel, Government of India. It specializes in e-commerce services, particularly for metal scrap, coal, and other materials. MSTC provides e-auction and digital platforms to facilitate transparent and efficient trading in various sectors. The company also offers services related to project consultancy and recycling of materials.
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