Coal India is currently trading at Rs. 365.55, up by 2.55 points or 0.70% from its previous closing of Rs. 363.00 on the BSE.
The scrip opened at Rs. 366.00 and has touched a high and low of Rs. 372.00 and Rs. 363.30 respectively. So far 2, 09,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 386.00 on 17-Sep-2012 and a 52 week low of Rs. 293.75 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 374.05 and Rs. 358.00 respectively. The current market cap of the company is Rs. 2,30,894 crore.
The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.29% and 2.71% respectively.
Coal India (CIL), world’s largest coal miner is planning to dilute a fraction of its $11-billion cash reserve to increase production by 180 million tonne in five years. The company is also considering acquisition of 77 dumpers of 190 tonnes each, as entity has decided to invest widely on mining equipment.
The company will also purchase 70 dumpers of 190 tonnes, primarily for Northern Coalfields; 20 high-capacity 320-360 tonne dumpers for South Eastern Coalfields and Mahanadi Coalfields and 150-tonne dumpers for Eastern Coalfields. All purchases will be backed by a 11-year maintenance and repair contract (MARC).
Company Name | CMP |
---|---|
Coal India | 512.05 |
NMDC | 267.75 |
GMDC | 405.75 |
Sandur Manganese | 532.20 |
MOIL | 525.10 |
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