Coal India zooms on allocating 42.51 MT coal in FY21 through spot e-auction

10 May 2021 Evaluate

Coal India is currently trading at Rs. 146.55, up by 9.75 points or 7.13% from its previous closing of Rs. 136.80 on the BSE.

The scrip opened at Rs. 138.00 and has touched a high and low of Rs. 146.75 and Rs. 137.35 respectively. So far 1917342 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 162.95 on 26-Feb-2021 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. 147.20 and Rs. 131.20 respectively. The current market cap of the company is Rs. 89975.83 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.35% and 5.45% respectively.

Coal India has allocated 42.51 million tonne (MT) of coal in FY2020-21 under spot e-auction scheme, registering a year-on-year increase of 42.5 per cent. Fuel allocation by the company under the scheme also increased to 5.30 MT in March, from over 2.53 2 MT in the corresponding month of 2019-20. The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service.

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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