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Coal India mulling 5-10% price hike

29 May 2014 Evaluate

In a bid to offset higher cost, Coal India, the world’s largest coal miner by output is mulling 5-10% price hike. In this regard, the company will be discussing the issue with Ministry this week.

Recently, the company reported provisional production of 37.51 million tonnes in April 2014, as against target of 37.61 million tonnes. The company’s total off-take for the month of April stood at 40.54 million tonnes as against a target of 45.17 million tonnes.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

439.30 -5.35 (-1.20%)
30-Jun-2026 10:15 View Price Chart
Peers
Company Name CMP
Coal India 439.30
NMDC 84.93
GMDC 575.25
Sandur Manganese 202.65
MOIL 279.55
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