Star Cement Limited Declared Preferred Bidder for Major Limestone Mining Lease in Assam
Star Cement Limited has been designated as the 'Preferred Bidder' by the Government of Assam following e-auctions for a significant mining lease opportunity. The company secured the designation for the Boro Lakhindong (West Block) area, which is located in the Dima Hasao district of Assam.The preferred bidder status pertains to the mining lease for Boro Lakhindong, situated in the Village of Boro Lakhindong and Tehsil Umrangso within the Dima Hasao district. This block represents a valuable resource opportunity for Star Cement Limited.
The site encompasses an area of 123 hectares. Furthermore, the lease holds an estimated limestone resource of 207.822 million tonnes, providing the company with access to raw materials from the region.
STARCEMENT Stock Price Movement
As of 11:51 AM, shares of Star Cement Limited are edging higher to ₹212.5 as they gain 1.01% in live trading. The stock trades a volume of 123,461 shares today, staying within its intraday range of ₹210.41 and ₹213.47.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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