India, March 5 -- The shares of the company are integrated steel producer with captive iron ore and a manufacturer/exporter of niche manganese-based ferro alloys are in the spotlight after it rose 4% after announcing plans to double SKS power plant capacity.

With a market capitalisation of Rs. 19,195 cr, the shares of Sarda Energy & Minerals Ltd were trading at Rs. 544.75 per share, jumping 4% in today's market session, up from its previous close of Rs. 523.70 per share. The stock has gained 17% over the past year, risen 7% year-to-date, declined 4% in the last six months, and increased 3% in the past month.

What's the news PK Jain, Group CFO of Sarda Energy & Minerals, highlighted that the ongoing US-Iran tensions have affected the com...