Coal India is currently trading at Rs. 355.50, up by 0.30 points or 0.08% from its previous closing of Rs. 355.20 on the BSE.
The scrip opened at Rs. 356.00 and has touched a high and low of Rs. 357.20 and Rs. 353.45 respectively. So far 85549 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 423.85 on 11-Jun-2014 and a 52 week low of Rs. 240.50 on 26-Feb-2014.
Last one week high and low of the scrip stood at Rs. 357.85 and Rs. 346.40 respectively. The current market cap of the company is Rs. 223915.12 crore.
The promoters holding in the company stood at 89.65 % while Institutions and Non-Institutions held 8.33 % and 2.02 % respectively.
State-miner Coal India (CIL) is looking to double its production to 1 billion tonnes in the next five years. The company, which is hopeful of producing about 500 million tonnes this year, is aiming to produce a billion tonnes in 2019.
The world’s largest coal miner by output, Coal India has reported provisional production of 44.42 million tonnes in November 2014, as against target of 45.69 million tonnes. The company’s total off-take for the month of November stood at 41.57 million tonnes as against a target of 43.20 million tonnes.
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.
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