Coal India Ltd.

Coal India is currently trading at Rs. 292.55, up by 7.65 points or 2.69% from its previous closing of Rs. 284.90 on the BSE.

The scrip opened at Rs. 285.00 and has touched a high and low of Rs. 293.00 and Rs. 284.00 respectively. So far 1, 49,000 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. 238.35 on 30-Aug-2013.

Last one week high and low of the scrip stood at Rs. 299.60 and Rs. 271.00 respectively. The current market cap of the company is Rs. 1, 84,785 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), the world’s largest coal miner will be inking fuel supply agreements (FSAs) with 150 power plants by September 16 for a capacity of 78,000 MW of the total 80,000 MW. The company has already received its board's approval for signing of FSAs for a capacity of 78,000 MW. The said capacity is to be signed with power plants which are either commissioned or likely to be commissioned by 2015. However, many power companies are yet to sign FSAs with the CIL on various reasons like non achievement of milestones.

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. Recently, the company had reported provisional production of 31.68 million tonnes in August 2013, as against target of 32.73 million tonnes. The company’s total off-take for the month of August stood at 35.10 million tonnes as against a target of 35.54 million tonnes.