Coal India Ltd.

Coal India is currently trading at Rs. 319.00, up by 0.50 points or 0.16% from its previous closing of Rs. 318.50 on the BSE.

The scrip opened at Rs. 317.05 and has touched a high and low of Rs. 319.75 and Rs. 315.95 respectively. So far 19807 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. 200860.39 crore.

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

State-run Coal India (CIL) has entered into fuel supply agreements (FSAs) with 56 power plants so far. The deadline set by the Prime Minister’s Office for signing of FSAs between CIL and power producers expired in January. But, CIL had again extended the deadline for supply of coal to power producers under the MoU route till March-end.

Earlier, the deadline was expired on December 31, 2012 and Coal firm extended it by another one month till January 31, 2013 for supply of coal to power firms. The government had already directed coal companies to supply fuel to power plants that have been commissioned till 2012 through the MoU route till FSA issues are resolved.

The world’s largest coal miner, achieved a production of 42.62 million tonnes (MT) of coal which is 96% of target achieved compared to allotted target of 44.37 MT. For the first 11 month period of the current financial year, the company achieved coal production of 398 MT as compared to 413.7 MT, 96% of target achieved.