The Department of Disinvestment has put off the appointment of merchant bankers for CIL stake sale yet again. This will be the third disinvestment in CIL and the largest planned for FY16 in revenue terms.
The Department of Disinvestment has put off the appointment of merchant bankers for CIL stake sale yet again. This will be the third disinvestment in CIL and the largest planned for FY16 in revenue terms.
On Monday, Piyush Goyal, Union Minister of State (IC), Power, Coal & New Renewable expressed confidence that it would certainly achieve the targeted growth of 50 million tonnes (mt) in the annual production this year.
The scrip opened at Rs. 334 and has touched a high and low of Rs. 334.85 and Rs. 328.4 respectively. So far 1706966(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 210461.12 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.25 on 05-Aug-2015 and a 52 week low of Rs. 300.75 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 344.6 and Rs. 332.1 respectively.
The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.48 % and 2.87 % respectively.
The stock is currently trading above its 200 DMA.
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