Coal India (CIL) is reportedly going to spend nearly Rs 6,900 crore in acquiring land, heavy mining machinery, wagons and on-mine development activities in the current quarter (Q4).
The company has budgeted a total investment of Rs 10,000 crore for current financial year and it spent about Rs 3,100 crore in the first nine months of the fiscal. Till November 2019, it had invested about Rs 2,400 crore, and in December it spent another Rs 700 crore.
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 | 483.90 |
| NMDC | 95.00 |
| GMDC | 678.00 |
| Sandur Manganese | 225.75 |
| MOIL | 299.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: