Shares in Kolkata-based power company CESC fell 11.9 percent in trade today amid concerns that the company, which managed to wrest back control of the Sarisatolli coal block in West Bengal in the ongoing auctions, had done so only at an exorbitant cost.
CNBC-TV18's Pragya Bharadwaj explains.
Discover 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!