Coal India trades higher on the bourses

08 Jan 2018 Evaluate

Coal India is currently trading at Rs. 279.55, up by 0.80 points or 0.29% from its previous closing of Rs. 278.75 on the BSE.

The scrip opened at Rs. 279.70 and has touched a high and low of Rs. 281.75 and Rs. 278.75 respectively. So far 41606 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 332.10 on 27-Feb-2017 and a 52 week low of Rs. 234.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 281.75 and Rs. 262.55 respectively. The current market cap of the company is Rs. 173528.12 crore.

The promoters holding in the company stood at 78.86%, while institutions and non-institutions held 17.47% and 3.67% respectively.

Coal India (CIL) has kept its annual production target at 630 million tonnes (MT) for the upcoming financial year. Against the target of 408.6 MT, CIL produced 385.6 MT of coal till January 1 in the ongoing financial year. In the Annual Plan of CIL for 2017-18, the production target has been pegged at 600 million tonnes.

From the production level of 554 million tonnes in 2016- 17, the PSU has envisaged to enhance its coal output to one billion tonnes by FY20. Further, the company has identified mines with a production capacity of 908 million tonnes so far.

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

433.75 3.00 (0.70%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Coal India 433.75
NMDC 201.70
GMDC 343.90
Sandur Manganese 362.40
MOIL 278.45
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