Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
385.65
0.40 (0.10%)
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Coal India surges on reporting growth in production for 2011-12

Date: 03-04-2012

Coal India is currently trading at Rs. 344.10, up by 3.55 points or 1.04% from its previous closing of Rs. 340.55 on the BSE.

The scrip opened at Rs. 342.10 and has touched a high and low of Rs. 346.95 and Rs. 342.10 respectively. So far 71291 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 422.30 on 31-May-2011 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. 346.95 and Rs. 328.00 respectively. The current market cap of the company is Rs. 217188.19 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.36% and 2.64% respectively.

Coal India (CIL) has posted a one percent growth in production which stood at 435.84 million tonnes (mt) during the financial year 2011-12, as against 431.32 mt during the previous fiscal.

For financial year 2012-13, the company has come out with a target for 464.1 mt. The firm’s production saw a rise of 4.52 mt over the corresponding period last year in absolute terms.

Coal India is the largest coal producing company in the world. The company also produces non-coking coal and coking coal of various grades for diverse applications.