Coal India Ltd.

Coal India is currently trading at Rs. 252.00, up by 2.80 points or 1.12% from its previous closing of Rs. 249.20 on the BSE.

The scrip opened at Rs. 249.00 and has touched a high and low of Rs. 252.30 and Rs. 248.30 respectively. So far 1,48,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 349.85 on 17-Aug-2016 and a 52 week low of Rs. 238.50 on 04-Aug-2017.

Last one week high and low of the scrip stood at Rs. 253.75 and Rs. 238.50 respectively. The current market cap of the company is Rs. 1,56,426.00 crore.

The promoters holding in the company stood at 78.86%, while Institutions and Non-Institutions held 17.89% and 3.25% respectively.

Coal India’s (CIL) arm - Central Coalfields has received an approval for expansion of its Konar open cast mine and the setting up of a non-coking coal washery in Jharkhand's Bokaro district at a cost of Rs 1538 crore.

Central Coalfields has proposed to expand the Konar mine capacity to 8-11 million tonnes per annum (mtpa), from the existing 4-5 mtpa, and establish an integrated non-coking washery with a capacity of 7 mtpa.

Coal India accounts for over 80% of the domestic coal production and is eyeing 1 billion tonne production by 2020. The PSU is eyeing 598 million tonnes in 2016-17.