Coal India Ltd.

Coal India is currently trading at Rs. 281.45, up by 0.60 points or 0.21 % from its previous closing of Rs. 280.85 on the BSE.

The scrip opened at Rs. 282.00 and has touched a high and low of Rs. 282.80 and Rs. 275.30 respectively. So far 78357 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 298.91 on 03-Jun-2013 and a 52 week low of Rs. 215.47 on 30-Aug-2013.

Last one week high and low of the scrip stood at Rs. 292.10 and Rs. 275.85 respectively. The current market cap of the company is Rs. 177237.19 crore.

The promoters holding in the company stood at 90.00 % while Institutions and Non-Institutions held 7.89 % and 2.11 % respectively.

State-owned Coal India (CIL) has hiked the price of a certain grade of coal from one of its mines in Godda district of Jharkhand. The price hike has been with effect from April 1 as per the decision taken by the Coal India board.

The move to hike prices has been taken to rationalise the price of coal produced from Rajmahal mine of Eastern Coalfields due to reclassification of Grade of Rajmahal mine of Eastern Coalfields and price adjustment.

The company’s board in its 306th meeting held on March 20, 2014 has approved fixation of add-on price in respect of coal produced from Rajmahal mine of Eastern Coalfields at Rs 390 per tonne in place of existing Rs 300 per tonne.

Coal India had in December last year hiked prices of non-coking coal produced by its subsidiary Western Coalfields by 10%