Coal India Ltd.

Coal India is currently trading at Rs. 279.95, up by 4.90 points or 1.78% from its previous closing of Rs. 275.05 on the BSE.

The scrip opened at Rs. 279.95 and has touched a high and low of Rs. 280.50 and Rs. 274.00 respectively. So far 67196 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. 270.00 on 30-Jul-2013.

Last one week high and low of the scrip stood at Rs. 301.60 and Rs. 270.00 respectively. The current market cap of the company is Rs. 176637.13 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 (CIL) has signed 82 Fuel Supply Agreements (FSAs) as on July 25, 2013, with power stations with a capacity of 34,793 MW. This includes 16 power stations belonging to NTPC and its joint venture companies (JVs). Besides, 11 more FSAs are ready to be signed shortly with NTPC or its JVs, while another 23 FSAs with state and private sector entities are in the pipeline. These FSAs were part of the 131 FSAs for a capacity of 60,678 MW which CIL was directed to sign in February, 2012. This will substantially increase the power generation during the current and subsequent years.

Besides, the Ministry of Coal has issued another Presidential Directive to CIL on July 17, 2013 for signing of FSAs for a capacity of 78,000 MW instead of the earlier 60,678 MW. This will not only increase the power generation further but will also fast track several power projects which are under development.

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.