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Coal India jumps after its arm dispatches 85 rakes of coal to power plants

08 Sep 2021 Evaluate

Coal India is currently trading at Rs. 147.75, up by 0.55 points or 0.37% from its previous closing of Rs. 147.20 on the BSE.

The scrip opened at Rs. 147.10 and has touched a high and low of Rs. 148.25 and Rs. 146.70 respectively. So far 223438 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.90 on 11-Jun-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. 148.25 and Rs. 140.95 respectively. The current market cap of the company is Rs. 90838.62 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.17% and 5.69% respectively.

Coal India's (CIL) arm -- Mahanadi Coalfields (MCL) has dispatched a total of 85 rakes of coal to power plants on Septmber 06, 2021, as against a target of 84 rakes. The development assumes significance in the wake of the power plants across the country grappling with coal shortages.

Raising the bar in supply of coal to the power plants, MCL dispatched over half a million tonne coal to the consumers from its mines in Odisha. MCL exceeded the five-lakh-tonne offtake target by dispatching 5.18 lakh tonne dry fuel to the coal consumers. The supply of coal through the road mode stood at 1.32 lakh tonnes, higher as compared with the target of 99,000 tonnes. Earlier, on August 30, the company had created a record of the highest-ever coal dispatch by the rail mode in a single day.

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

463.20 6.85 (1.50%)
11-May-2026 13:07 View Price Chart
Peers
Company Name CMP
Coal India 463.20
NMDC 87.48
GMDC 661.70
Sandur Manganese 235.65
MOIL 311.15
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