Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
414.10
-1.15 (-0.28%)
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Coal India inches up on the buzz of inking FSAs with NTPC soon

Date: 16-07-2013

Coal India is currently trading at Rs. 292.75, up by 0.25 points or 0.09 % from its previous closing of Rs. 292.50 on the BSE.

The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 293.85 and Rs. 287.90 respectively. So far 73111 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. 284.65 on 08-Jul-2013.

Last one week high and low of the scrip stood at Rs. 302.70 and Rs. 284.80 respectively. The current market cap of the company is Rs. 185069.48 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.65% and 2.35% respectively.

Coal India, world's largest coal miner, would reportedly be signing 7-8 Fuel Supply Agreements (FSAs) with NTPC. Company’s total target for FY14 off-take stands at 492 million tonnes (mt), out of which 377 mt of coal would be supplied to power sector.

The company, recently reported production of 32.57 million tonnes in June 2013, as against target of 35.23 million tonnes. Meanwhile, the company’s total off-take for the month of June stood at 37.09 million tonnes as against a target of 39.85 million tonnes.