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Coal India gains on eyeing auction bookings of 120 MT by end of FY21

07 Jan 2021 Evaluate

Coal India is currently trading at Rs. 136.40, up by 1.30 points or 0.96% from its previous closing of Rs. 135.10 on the BSE.

The scrip opened at Rs. 136.00 and has touched a high and low of Rs. 137.45 and Rs. 135.50 respectively. So far 611381 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 214.50 on 15-Jan-2020 and a 52 week low of Rs. 109.50 on 15-Oct-2020.

Last one week high and low of the scrip stood at Rs. 137.70 and Rs. 133.85 respectively. The current market cap of the company is Rs. 84028.80 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.73% and 5.14% respectively.

Coal India (CIL) is optimistic of closing the current financial year (FY21) with auction bookings of 120 million tonnes (MT). CIL’s concentrated efforts to book increased volumes of coal under e-auction to bolster sales revenue, especially in view of the narrowed margins in add-ons during the COVID-19 pandemic period, paid off with the company scoring a strong 76.2 per cent growth during April-December of the current fiscal. It would be the highest ever since coal sales began under the auction hammer. The auction sales have surpassed the company’s previous estimates and it is sure of allocating 120 MT of coal by the end of the current fiscal. 

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

443.10 1.45 (0.33%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 443.10
NMDC 88.45
GMDC 689.50
Sandur Manganese 212.40
MOIL 322.35
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