Coal India trades in green on BSE

16 Aug 2011 Evaluate

Coal India is currently trading at Rs 390.25, up by 4.95 points or 1.28% from its previous closing of Rs 385.30 on the BSE.

The scrip opened at Rs 390.00 and has touched a high and low of Rs 395.25 and Rs. 389.25 respectively. So far 173952 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs. 422.30 on 31-May-2011 and a 52 week low of Rs 287.45 on 04-Nov-2010.

Last one week high and low of the scrip stood at Rs 399.95 and Rs 377.00 respectively. The current market cap of the company is Rs 243369.52 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.91% and 2.09% respectively.

Coal India, (CIL) the world's largest coal miner likely to employ 1,500 executives by December next year and will come out with recruitment advertisements in early 2012. The company has around 4,000 vacancies and it plans to hire for around 16 divisions, including human resources, finance, marketing and sales. The selection process will begin as of February, 2012 and will be completed by December next year.

The company’s strength is of around 3.80 lakh employees. It started the recruitment drive a couple of years back after a freeze on hiring for over a decade. CIL has plans to set up 20 new coal washeries with a combined capacity of 111.10 million tonnes at an estimated expenditure of Rs 2,500 crore. It is also waiting for environmental and forest clearances from both the Centre and the states for about 150 projects, which have been stranded since 2009.

Coal India Share Price

386.75 2.10 (0.55%)
26-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Coal India 386.75
NMDC 214.25
GMDC 325.75
MOIL 328.70
Sandur Manganese 406.20
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.