SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Coal India to procure mining equipment worth Rs 7,000 crore to boost production

08 Feb 2019 Evaluate

Coal India is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 7000 crore to boost production after reviving the 1 billion tonne production target.

Those Heavy Earth Moving Machineries (HEMM) would be pressed into operation in the company’s opencast mines. The miner will spend the amount from its capex kitty.

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

442.25 3.55 (0.81%)
20-Apr-2026 14:42 View Price Chart
Peers
Company Name CMP
Coal India 442.25
NMDC 89.04
GMDC 694.75
Sandur Manganese 214.10
MOIL 323.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×