Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
420.85
2.30 (0.55%)
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Coal India surges on receiving nod for MCL project worth Rs 11363.18 crore

Date: 28-11-2014

Coal India is currently trading at Rs. 352.90, up by 3.70 points or 1.06% from its previous closing of Rs. 349.20 on the BSE.

The scrip opened at Rs. 348.10 and has touched a high and low of Rs. 353.40 and Rs. 347.00 respectively. So far 248639 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 423.85 on 11-Jun-2014 and a 52 week low of Rs. 240.50 on 26-Feb-2014.

Last one week high and low of the scrip stood at Rs. 351.75 and Rs. 341.40 respectively. The current market cap of the company is Rs. 222051.79 crore.

The promoters holding in the company stood at 89.65 % while Institutions and Non-Institutions held 8.33 % and 2.02 % respectively.

Coal India has received its board's approval for Project Report of 2X800 MW Coal-based Super-critical Thermal Power Plant (STPP), Hemgir (Sundargarh, Odisha), MCL with a total capital investment of Rs 11363.18 crore. This Project is being set up by Mahanadi Basin Power (MBPL) a wholly owned subsidiary of Mahanadi Coalfields, which is a wholly owned subsidiary of Coal India.

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.