Coal India Ltd.

Coal India is currently trading at Rs. 321.35, up by 1.15 points or 0.36% from its previous closing of Rs. 320.20 on the BSE.

The scrip opened at Rs. 321.90 and has touched a high and low of Rs. 323.00 and Rs. 318.30 respectively. So far 25404 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. 301.20 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 327.30 and Rs. 312.10 respectively. The current market cap of the company is Rs. 201649.93 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.35% and 2.65% respectively.

State owned, Coal India has proposed an ad-hoc provision of Rs 35,000 crore for acquisition and development of mines abroad by 2017. Of the total amount, Rs 25,000 crore has been simply earmarked for acquisition and development of coal blocks in other countries like South Africa, Indonesia, Australia, USA and Columbia.

While, remaining amount has been set aside for exploration and development of two allotted coal blocks in Mozambique during the 12th Five-Year Plan (2012-17) and creation of logistic infrastructure there.

Out of the proposed investment/ capital outlay of Rs 25,400 crore for the Twelfth Five Year Plan, Rs 11,385 crore has been set aside for ongoing projects, Rs 2,491 crore for new projects and a sum of Rs 7,039 has been kept aside for non-mining projects.