Coal India is currently trading at Rs. 201.05, up by 0.15 points or 0.30% from its previous closing of Rs. 200.45 on the BSE.
The scrip opened at Rs. 200.10 and has touched a high and low of Rs. 202.55 and Rs. 200.10 respectively. So far 69862 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 299.60 on 28-Aug-2018 and a 52 week low of Rs. 193.35 on 05-Aug-2019.
Last one week high and low of the scrip stood at Rs. 214.00 and Rs. 195.70 respectively. The current market cap of the company is Rs. 123747.58 crore.
The promoters holding in the company stood at 70.96%, while Institutions and Non-Institutions held 26.38% and 2.66% respectively.
Coal India’s 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others. A total of 120 coal projects costing Rs 20 crore and above are in different stages of implementation. Out of which 66 projects are on schedule and 54 projects are delayed.
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.