Varun Ind discovers mining blocks in Madagascar;stock up

MUMBAI: Varun Industries has discovered 10 mining blocks of heavy mineral sand (HMS) in Madagascar. The total HMS resource in these blocks is about 266.8 million tons.

The stock was at Rs 224.15, up 0.74 per cent on the BSE. It touched a high of Rs 227.90 and low of Rs 218 in trade so far.