Coal India is currently trading at Rs. 128.75, down by 1.75 points or 1.34% from its previous closing of Rs. 130.50 on the BSE.
The scrip opened at Rs. 130.50 and has touched a high and low of Rs. 130.55 and Rs. 128.15 respectively. So far 204086 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 234.00 on 17-Jul-2019 and a 52 week low of Rs. 119.25 on 26-Mar-2020.
Last one week high and low of the scrip stood at Rs. 135.25 and Rs. 128.10 respectively. The current market cap of the company is Rs. 79406.75 crore.
The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 30.07% and 3.73% respectively.
Coal India’s dues from state- owned power generation companies have risen to Rs 22,000 crore amid muted demand and high production. The mining behemoth is also not in a position to regulate supplies to the power companies as demand has remained subdued over the last few months.
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.