Thursday, 3 March 2016

Interim dividend! Coal India climbs 1% ahead of Board meeting

The board will meet to consider for payment of interim dividend. The company has fixed March 15 as a record date for the dividend.


Shares of Coal India, the largest coal miner of the country, are currently trading 0.90% higher at Rs. 314.25 on BSE ahead of its Board of Directors’ meeting on March 5, 2016.

The board will meet to consider for payment of interim dividend. The company has fixed March 15 as a record date for the dividend.

The scrip opened at Rs. 313.1 and has touched a high and low of Rs. 317.3 and Rs. 310.4 respectively. So far 3349044(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 196723.03 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. 286.9 on 21-Jan-2016. Last one week high and low of the scrip stood at Rs. 320 and Rs. 295.2 respectively.

The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.44 % and 2.91 % respectively.

The stock is currently trading above its 200 DMA.

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