Mumbai: Shares of Sesa Sterlite went up by almost 3 percent after the company's subsidiary Bharat Aluminium Company (Balco) bagged one more coal block and total two mines in the first tranche of auction.
The Vedanta Group company's scrip rose by 2.89 percent to Rs 223.70 on the BSE.
On the NSE, the stock climbed 2.94 percent to Rs 223.70.
The scrip was the biggest gainer among the blue-chips on both Sensex and Nifty.
"Gare Palma IV-1 mine closed at Rs 1,585 (per tonne) and the winner is Balco," a coal ministry official had said on Saturday. Earlier, Balco had bagged Chotia mine in the same state.
The second round of auction in which the government has put on sale 21 mines will begin from February 25.
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