Coal India Ltd.

Coal India is currently trading at Rs. 361.70, up by 3.15 points or 0.88 % from its previous closing of Rs. 358.55 on the BSE.

The scrip opened at Rs. 359.50 and has touched a high and low of Rs. 361.95 and Rs. 356.05 respectively. So far 21771 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 386.00 on 17-Sep-2012 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. 369.90 and Rs. 352.10 respectively. The current market cap of the company is Rs. 228368.15 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.29% and 2.71% respectively.

The world's largest coal producer, Coal India (CIL) aims to increase production capacity to 180 million tonne at 8% growth in the current plan period (2012-2017). It has set a production target of 464 million tonne for the current financial year, while company had achieved 435.84 million tonne in 2011-12 against the targeted 447 million tonne.

The company has also asked the government to accelerate the law for land acquisition and rehabilitation so that acquiring land for projects could be easier and clear.

State-run, CIL has identified 142 new projects, including 107 open cast and 35 underground mining schemes with an ultimate capacity of 380.22 million tonne per annum (MTPA), as new projects and a part of it is likely to be added during this plan period.