9.00 (2.17%) Coal India is currently trading at Rs. 291.25, up by 0.85 points or 0.29% from its previous closing of Rs. 290.40 on the BSE.
The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 293.50 and Rs. 288.90 respectively. So far 40438 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 372.10 on 10-Jan-2013 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. 297.95 and Rs. 268.10 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 7.85% and 2.15% respectively.
State-owned Coal India (CIL) is planning to increase production capacity of Kusmunda mine to around about 50 million tonne per annum, the largest in the country. At present, India's largest mine has a total production capacity of 35 mt. In this regard, the company will invest Rs 7,600 crore in the mine.
CIL has 148 projects at various stages of implementation of which 90 have already received forest and environment clearance, and 134 are expected to contribute 334 million tonne by 2017.
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.