Coal India Ltd.

Coal India is currently trading at Rs. 245.40, up by 8.35 points or 3.52% from its previous closing of Rs. 237.05 on the BSE.

The scrip opened at Rs. 238.80 and has touched a high and low of Rs. 247.20 and Rs. 237.15 respectively. So far 4,69,000 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. 234.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 247.20 and Rs. 234.00 respectively. The current market cap of the company is Rs. 1,52,360.00 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 (CIL) has reportedly planned to invest Rs 8,500 crore as capital expenditure in 2017-18. The company has further planned to invest Rs 6,500 crore in various projects -- Super Critical Thermal Power Plant (STPP), solar power, revival of fertiliser plants, coal gasification, acquisition of coal blocks in India and abroad, and CBM (coal bed methane) etc during 2017-18.

In the current fiscal, the target of coal production has been pegged at 600 million tonnes (mt) with an annual growth of about 8.3 per cent over the achievement of last year. In 2018-19, the envisaged coal production projection is 773.70 mt with a growth of about 28.95 per cent.

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.