MSTC Secures Coal India Tender for Non-Regulated Sector Auctions

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MSTC Secures Coal India Tender for Non-Regulated Sector Auctions

MSTC Ltd
LTP: ₹530 | Buy range: ₹525–548 | Target: ₹673
Upside: ~27%
With a dominant role in India’s e-auction and e-procurement ecosystem, MSTC’s asset-light model and government backing ensure scalable, profitable growth. Its strong digital platforms drive efficient service delivery across PSUs and private clients.

C

CNBC TV18•26-02-2026, 19:34

MSTC Secures Coal India Tender for Non-Regulated Sector Auctions

•MSTC Ltd became the L-1 bidder for a Coal India Limited tender on the GEM portal.
•The tender is for an external service provider to conduct linkage auctions for the non-regulated sector (NRS) for three years.
•MSTC will provide full services for NRS linkage auctions, including conducting auctions and executing agreements.
•The contract's consideration amount is not yet quantified; it is not a related party transaction.
•Shares of MSTC Ltd closed down 0.66% at ₹451 on BSE.

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