Coal India Ltd.

Coal India is currently trading at Rs. 357.10, up by 3.20 points or 0.90% from its previous closing of Rs. 353.90 on the BSE.

The scrip opened at Rs. 354.50 and has touched a high and low of Rs. 357.35 and Rs. 350.10 respectively. So far 47,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.25 on 05-Aug-2015 and a 52 week low of Rs. 331.60 on 13-Oct-2014.

Last one week high and low of the scrip stood at Rs. 361.90 and Rs. 332.95 respectively. The current market cap of the company is Rs. 2,25,494.00 crore.

The promoters holding in the company stood at 79.65% while Institutions and Non-Institutions held 17.77% and 2.58% respectively.

Coal India (CIL) has cleared three projects with a total production capacity of 40 million tonnes entailing an investment of about Rs 5,900 crore. These mines are expected to start production in a few years and will add to the company's target of achieving 1 billion tonnes in output by 2020. One of the projects is the Rs 3,600-crore, Lakhanpur-Belpahar-Lilari, 30 million tonnes integrated open cast mine in Odisha under Mahanadi Coalfields. The second project includes Rs 1,550-crore, Rampur-Batura (new mine) 4 million tonnes project under South Eastern Coalfields.

The third project is the Rs 750-crore, Yekona 1 & 2 amalgamate, a 2.75 million tonnes open cast mine under Western Coalfields. The company is planning to spend a total Rs 10,600 crore in FY16 on enhancing its production capacity and ramping up infrastructure.

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.