Coal India is currently trading at Rs. 275.20, up by 2.70 points or 0.99% from its previous closing of Rs. 272.50 on the BSE.
The scrip opened at Rs. 274.05 and has touched a high and low of Rs. 276.90 and Rs. 271.10 respectively. So far 47140 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 316.55 on 27-Feb-2018 and a 52 week low of Rs. 255.20 on 27-Sep-2017.
Last one week high and low of the scrip stood at Rs. 287.00 and Rs. 270.40 respectively. The current market cap of the company is Rs. 171107.23 crore.
The promoters holding in the company stood at 78.32%, while Institutions and Non-Institutions held 18.60% and 3.08% respectively.
Coal India has received an approval for revision of ‘add on’ over notified price of North Eastern Coalfields (NEC) coal G-1 to G-5 grades prices with effect from September 27, 2018. Due to this revision, the company will earn an approximately additional revenue of Rs 107 crore annually and Rs 82 crore for the balance period of financial year 2018-19. Due to this increase in ‘add on’ of NEC price, the overall impact on the power sector will be negligible. The Board of Directors of the company at their meeting held on September 25, 2018 has approved the same.
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.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
| View more.. | |
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