Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
430.25
7.10 (1.68%)
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Coal India falls as its supply of coal to power sector drops 10% in H1FY21

Date: 20-10-2020

Coal India is currently trading at Rs. 113.65, down by 1.10 points or 0.96% from its previous closing of Rs. 114.75 on the BSE.

The scrip opened at Rs. 115.00 and has touched a high and low of Rs. 116.00 and Rs. 113.55 respectively. So far 427491 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.90 on 05-Nov-2019 and a 52 week low of Rs. 109.50 on 15-Oct-2020.

Last one week high and low of the scrip stood at Rs. 116.00 and Rs. 109.50 respectively. The current market cap of the company is Rs. 70501.61 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 29.10% and 4.69% respectively.

Coal India’s (CIL) supply of coal to the power sector dropped by 10 percent to 197.89 million tonnes (MT) in the first half of the ongoing fiscal (H1FY21). The company had supplied 219.85 MT of coal in the April-September period of the previous fiscal.

However, the supply of fuel by the coal behemoth to the power sector increased by 22.4 per cent to 35.74 million tonnes (MT) in September compared to 29.20 MT in the corresponding month of previous fiscal. The country's power consumption registered a growth of 11.45 per cent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities.

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.