Coal India is currently trading at Rs. 134.70, up by 0.65 points or 0.48% from its previous closing of Rs. 134.05 on the BSE.
The scrip opened at Rs. 134.85 and has touched a high and low of Rs. 134.85 and Rs. 134.20 respectively. So far shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 219.80 on 24-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. 136.55 and Rs. 126.40 respectively. The current market cap of the company is Rs. 82611.37 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 (CIL) has gained over Rs 3,125 crore from supply of improved quality coal over committed grades and supply beyond annual contracted quantity (ACQ). An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to the company on whole. The PSU’s coal supplies, above agreed ACQ to its customers, having fuel supply agreement (FSA), also netted the company a substantial amount of over Rs 1,760 crore under performance incentive during the previous two fiscals combined.
Coal India is the world’s largest coal mining company. It also produces noncoking coal and coking coal of various grades for diverse applications.
