India's largest private sector iron ore producer and exporter Sesa Goa's shares have hit a 52-week low on a likely mining ban in iron-rich regions of Chitradurga and Tumkur districts in Karnataka. The stock is down Rs 10.55, or 4.74%.
The Central Empowered Committee (CEC) has recommended an extension of iron ore mining ban to the districts of Chitradurga and Tumkur as well. Initially, the Supreme Court had put a ban only in the district of Bellary. Speaking to CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!