Coal India trades higher on the bourses

06 Dec 2013 Evaluate

Coal India is currently trading at Rs. 289.35, up by 9.75 points or 3.43% from its previous closing of Rs. 279.60 on the BSE.

The scrip opened at Rs. 279.25 and has touched a high and low of Rs. 289.80 and Rs. 279.25 respectively. So far 1, 96,000 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. 283.65 and Rs. 268.10 respectively. The current market cap of the company is Rs. 1, 82,890 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.85% and 2.15% respectively.

Coal India (CIL) has inked fuel supply agreements (FSAs) for capacity of 71,500 MW out of total 78,000 MW. According to the new FSA, the company will supply 65 per cent of the contracted amount from domestic sources and another 15 per cent through imports with pass-on pricing model.

Earlier, the two deadlines set for signing of the fuel supply agreements by Coal India (CIL) with the power producers could not be adhered to. The Coal Ministry had set the deadline of August 31 for signing of the FSAs, which could not be met. Further, the second deadline of September 6 was also not achieved.

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

Coal India Share Price

413.95 7.80 (1.92%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Coal India 413.95
NMDC 220.70
GMDC 328.50
MOIL 295.25
Sandur Manganese 424.85
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