PRAKASH

** Shares of iron and steel manufacturer Prakash Industries PRKI.NS rise as much as 7.7% to 175.2 rupees

** Co gets mining lease for Bhaskarpara commercial coal mine from government of Chhattisgarh state for a period of 30 years

** More than 642,000 shares changed hands by 10:30 a.m. IST, 1.1 times the 30 day avg volume

** Stock last up 4.2%, turning stock positive on YTD basis

(Reporting by Ananta Agarwal in Bengaluru)

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Nov 22 (Reuters) - Prakash Industries Ltd PRKI.NS:

• PRAKASH INDUSTRIES - MINING LEASE OF BHASKARPARA COMMERCIAL COAL MINE

Source text: ID:nBSE5MVCs8

Further company coverage: PRKI.NS

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Nov 14 (Reuters) - Prakash Industries Ltd PRKI.NS:

• PRAKASH INDUSTRIES SEPT-QUARTER PAT 903.9 MILLION RUPEES

• PRAKASH INDUSTRIES SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 10.77 BILLION RUPEES

Further company coverage: PRKI.NS

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Nov 13 (Reuters) - Prakash Industries Ltd PRKI.NS:

• GOVERNMENT OF CHHATTISGARH APPROVED LEASE FOR BHASKARPARA COMMERCIAL COAL MINE

Source text: ID:nBSEbB5Psh

Further company coverage: PRKI.NS

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Aug 12 (Reuters) -

• PRAKASH INDUSTRIES JUNE-QUARTER PAT 904.9 MILLION RUPEES

• PRAKASH INDUSTRIES JUNE-QUARTER INCOME FROM OPERATIONS 11.67 BILLION RUPEES

Source text for Eikon: ID:nBSE1XDWWn

Further company coverage: PRKI.NS

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** Shares of Prakash Industries PRKI.NS rise 4.1%, set for best day in a week

** The power generation co gets India government final nod for a coal mine in Chhattisgarh state

** Stock has now surged ~20% YTD after more than tripling in 2023

(Reporting by Dimpal Gulwani in Bengaluru)

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** Shares of Prakash Industries PRKI.NS up 5.16% at 171.45 rupees

** The steel products maker's March-qtr profit after tax rose 53% y/y to 887.7 mln rupees ($10.7 mln), total expenses slumped ~15%

** Total rev from ops fell 12%

** PRKI was down 0.7% ahead of results

** Stock sees busiest trading session since late March, volumes at 2.7x the 30-day avg

** Including session's gains, stock up 3% YTD

($1 = 83.3695 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Feb 9 (Reuters) - Prakash Industries Ltd PRKI.NS:

• PRAKASH INDUSTRIES DEC-QUARTER PAT 805.6 MILLION RUPEES VERSUS PROFIT 452.7 MILLION RUPEES

• PRAKASH INDUSTRIES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 8.85 BILLION RUPEES VERSUS 7.61 BILLION RUPEES

• PRAKASH INDUSTRIES LTD - RE-APPOINTS VIKRAM AGARWAL AS MD

Source text for Eikon: ID:nNSE5NhtN1

Further company coverage: PRKI.NS

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Jan 29 (Reuters) - Prakash Industries Ltd PRKI.NS:

• MADE PAYMENT OF 326.2 MILLION RUPEES TO FOREST DEPARTMENT

• PAYMENT FOR NON-FORESTRY USE OF FOREST LAND, WILD-LIFE CONSERVATION PLAN FOR ITS BHASKARPARA COMMERCIAL COAL MINE

Source text for Eikon: ID:nBSE6xHNVW

Further company coverage: PRKI.NS

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Jan 19 (Reuters) - Prakash Industries Ltd PRKI.NS:

• RECEIVED PERMISSION TO ESTABLISH ITS BHASKARPARA COMMERCIAL COAL MINE IN CHHATTISGARH

• DEVELOPMENT OF MINE PROGRESSING FAST, MINING LEASE LIKELY TO BE EXECUTED IN THIS QUARTER

Source text for Eikon: ID:nBSE6Tddcc

Further company coverage: PRKI.NS

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Jan 1 (Reuters) - Prakash Industries Ltd PRKI.NS:

• MADE PAYMENT OF 232.5 MILLION RUPEES TO FOREST DEPARTMENT, CHHATTISGARH

• MINING LEASE FOR BHASKARPARA COMMERCIAL LIKELY TO BE EXECUTED IN THIS QUARTER

• PAYMENT FOR NET PRESENT VALUE OF DIVERTED FOREST LAND TO BE USED FOR ITS BHASKARPARA COMMERCIAL COAL MINE

Further company coverage: PRKI.NS

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Nov 7 (Reuters) - Prakash Industries Ltd PRKI.NS:

• PRAKASH INDUSTRIES LTD SEPT-QUARTER PAT 894.3 MILLION RUPEES VERSUS 441 MILLION RUPEES

• PRAKASH INDUSTRIES LTD SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 8.89 BILLION RUPEES VERSUS 7.77 BILLION RUPEES

Source text for Eikon: ID:nBSE10SvZs

Further company coverage: PRKI.NS

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** Shares of steel products manufacturer and power generation co Prakash Industries PRKI.NS rise as much as 8.7% to 142.7 rupees, highest since Aug. 7, 2018

** Co on Monday said Ministry of Environment, Forest and Climate Change granted Environmental Clearance (EC) for co's commercial coal mine in Chhattisgarh

** Adds mining lease for coal mine likely to be executed by next quarter

** Nearly 15.9 mln shares change hands as of 9:45 a.m. IST, 0.8x the 30-day moving average

** Stock last up 5.9%, climbing 2.5x YTD

(Reporting by Varun Vyas in Bengaluru)

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** Shares of coal miner and steel products maker Prakash Industries PRKI.NS rise as much as 6.28% to 124.40 rupees

** Stock on track for a sixth consecutive session of gains, if trend holds

** PRKI on Thursday gets in-principle stage-1 approval for its commercial coal mine in northern India's Chattisgarh state nFWN3A511I

** More than 3.1 mln shares change hands by 09:54 a.m. IST, 2x the 30-day avg

** Stock up ~114% this year

(Reporting by Anisha Ajith in Bengaluru)

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Aug 24 (Reuters) - Prakash Industries Ltd PRKI.NS:

• PRAKASH INDUSTRIES - BHASKARPARA COMMERCIAL COAL MINE UPDATE

• PRAKASH INDUSTRIES - GOVERNMENT GRANTED IN-PRINCIPLE STAGE-I APPROVAL FOR ITS BHASKARPARA COMMERCIAL COAL MINE IN CHHATTISGARH

• PRAKASH INDUSTRIES - MINING LEASE IS LIKELY TO BE EXECUTED BY NEXT QUARTER

• PRAKASH INDUSTRIES - MINE SHALL BOOST REVENUE AND PROFITABILITY THROUGH SALE OF COAL IN OPEN MARKET

Source text for Eikon: ID:nNSE36sdWx

Further company coverage: PRKI.NS

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July 31 (Reuters) - Prakash Industries Ltd PRKI.NS:

• JUNE-QUARTER PAT 894.1 MILLION RUPEES VERSUS PROFIT 431.5 MILLION RUPEES

• JUNE-QUARTER INCOME FROM OPERATIONS 10.13 BILLION RUPEES VERSUS 8.95 BILLION RUPEES

Source text for Eikon: ID:nBSEbDTBYR

Further company coverage: PRKI.NS

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** Shares of Prakash Industries Ltd PRKI.NS climb as much as 5.5% to 60.40 rupees, their highest since Feb. 16

** Steel products manufacturer and power generation co reports ~10% rise in profit after tax of 579.6 million rupees ($7.09 million) for the March-qtr

** Total rev from ops at 10.11 billion rupees, fell 12.7%

** Co also expects to commence coal extraction from Bhaskarpara Commercial Coal Mine by end FY24

** About 1.1 mln shares change hands by 1:43 p.m. IST, 3x the 30-day avg - Refinitiv Data

** If trends hold, stock on track to advance for second consecutive session

** Stock last up 3.5%, extending YTD gains to 17.3%

($1 = 81.7800 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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