Shares of Prism Cement edged higher after the company said that it has started production of coal at the Prism Coal Mine in Chhindwara, Madhya Pradesh. The Company has been granted all statutory clearances for the operation of the Coal Mine.
"The mined coal will be used for captive consumption of the cement plant located at Satna, Madhya Pradesh," said the company in an exchange filing on Friday.
The stock is currently trading 2.47% higher at RS 29.05 on the BSE. It hit a high of Rs 29.25 and a low of Rs 28.20 so far during the day. The stock hit a 52-week high of Rs 47.40 on 7 May 2013. The stock hit a 52-week low of Rs 22.80 on 14 February 2014.
A total of 1,118,732 shared changed hands on both BSE & NSE so far during the day against its 10-day average of 5,25,344.
