The state-run power producer had requested permission from the coal ministry to merge these two blocks, which was not allowed, sources in the know of the matter said. NTPC subsequently relinquished these mines in 2020.
Based on the OI percentage, 162 stocks were on the short-covering list. These included Deepak Nitrite, Colgate Palmolive, Mphasis, GMR Airports Infrastructure, and IndiaMART InterMESH.