{"id":475132,"date":"2022-03-14T10:38:38","date_gmt":"2022-03-14T05:08:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=475132"},"modified":"2022-03-14T10:52:18","modified_gmt":"2022-03-14T05:22:18","slug":"sarda-energy-surges-6-hits-all-time-high-on-healthy-earnings-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sarda-energy-surges-6-hits-all-time-high-on-healthy-earnings-outlook\/","title":{"rendered":"Sarda Energy surges 6%, hits all-time high on healthy earnings outlook"},"content":{"rendered":"<p>Shares of Sarda Energy &amp; Minerals hit a record high of Rs 1,024.95, surging 6 per cent on the BSE in Friday\u2019s intra-day trade on expectation of healthy earnings going ahead. The stock of iron &amp; steel\/intermediates products-maker surpassed its previous high of Rs 1,000 touched on March 3, 2022.<\/p>\n<p>Sarda Energy on Thursday informed that the rating agency India Ratings has assigned fresh ratings \u2018IND A-\u2019\/Stable for a long term issuer rating of the Company&#8217;s Subsidiary &#8211; Madhya Bharat Power Corporation Ltd (MBPCL).<\/p>\n<p>MBPCL has signed a 35-year power purchase agreement (PPA) for its 113megawatt (MW) hydro-electric project with Chhattisgarh State Power Distribution Company Limited (CSPDCL; \u2018IND A-\u2019\/Stable),<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Sarda Energy &amp; Minerals hit a record high of Rs 1,024.95, surging 6 per cent on the BSE in Friday\u2019s intra-day trade on expectation of healthy earnings going ahead. The stock of iron &amp; steel\/intermediates products-maker surpassed its previous high of Rs 1,000 touched on March 3, 2022. Sarda Energy on Thursday informed that the rating agency India Ratings has assigned fresh ratings \u2018IND A-\u2019\/Stable for a long term issuer rating of the Company&#8217;s Subsidiary &#8211; Madhya Bharat Power Corporation Ltd (MBPCL). MBPCL has signed a 35-year power purchase agreement (PPA) for its 113megawatt (MW) hydro-electric project with [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-475132","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/475132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=475132"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/475132\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=475132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=475132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=475132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}