Coal India Ltd.

Coal India is currently trading at Rs. 315.10, up by 3.55 points or 1.14% from its previous closing of Rs. 311.55 on the BSE.

The scrip opened at Rs. 312.00 and has touched a high and low of Rs. 316.75 and Rs. 312.00 respectively. So far 70319 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. 291.20 on 19-Mar-2013.

Last one week high and low of the scrip stood at Rs. 316.80 and Rs. 295.00 respectively. The current market cap of the company is Rs. 198807.57 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.44% and 2.56% respectively.

Coal India, reportedly is to tie up with the newly formed national laboratory Central Institute of Mining and Fuel Research (CIMFR) in Dhanbad, for neutral coal quality certification for supply to NTPC plants in the east. Prior to this, joint sampling was carried out between CIL and NTPC officials, but the differences on quality failed to subside. So, both the firms had agreed to third party sampling at a joint meeting.

The company has reported 39.17% rise in its net profit at Rs 1696.92 crore for third quarter ended December 31, 2012 as compared to Rs 1219.33 crore for the same quarter in the previous year. Total income of the company has increased by 38.25% at Rs 2158.04 crore for the quarter under review as compared to Rs 1560.97 crore for the quarter ended December 31, 2011.