Mangalam Cement moves up on emerging as preferred bidder for mining lease in Rajasthan
The company has been declared as the preferred bidder for the grant of mining lease of Minyun Ki Dhani Main Jaisalmer
Mangalam Cement is currently trading at Rs. 937.25, up by 15.25 points or 1.65% from its previous closing of Rs. 922.00 on the BSE.
The scrip opened at Rs. 926.65 and has touched a high and low of Rs. 955.15 and Rs. 908.05 respectively. So far 5861 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 955.15 on 22-Apr-2026 and a 52 week low of Rs. 679.80 on 27-Nov-2025.
Last one week high and low of the scrip stood at Rs. 955.15 and Rs. 895.60 respectively. The current market cap of the company is Rs. 2577.18 crore.
The promoters holding in the company stood at 40.00%, while Institutions and Non-Institutions held 11.49% and 48.51% respectively.
Mangalam Cement has been declared as the preferred bidder for the grant of mining lease of Minyun Ki Dhani Main Jaisalmer by the Directorate of Mines and Geology, Government of Rajasthan.
Earlier, on April 21, 2026, the company had participated in the forward e-auction of the block on MSTC’S e-auction portal issued by the Directorate of Mines and Geology Rajasthan, Udaipur, Government of Rajasthan.
Mangalam Cement is a cement manufacturing company. The product range of the company includes Birla Uttam Cement- 43 Grade,Birla Uttam Cement- 53 Grade and Birla Uttam Cement- Portland pozzolana cement (PPC).
