During the months of April and May, the miner produced 82.93 MT of coal against the target of 89.12 MT.
Coal India has achieved a production of 42.58 million tonnes in May, lower than the target of 44.64 million tonnes (MT) for the month.
During the months of April and May, the miner produced 82.93 MT of coal against the target of 89.12 MT.
Coal offtake in May was lower at 45.53 MT than the targetted level of 50.90 MT for the month.
In April and May, the coal offtake stood at 88.23 MT as against the target of 102.36 MT.
Stock view:
Coal India Ltd is currently trading at Rs. 299.75, up by Rs. 2.85 or 0.96% from its previous closing of Rs. 296.9 on the BSE.
The scrip opened at Rs. 297.55 and has touched a high and low of Rs. 301.85 and Rs. 297 respectively. So far 1123477(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 187532.73 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. 272.05 on 12-Apr-2016. Last one week high and low of the scrip stood at Rs. 299.3 and Rs. 279 respectively.
The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.14 % and 3.21 % respectively.
The stock is currently trading above its 200 DMA.
During the months of April and May, the miner produced 82.93 MT of coal against the target of 89.12 MT.
Coal offtake in May was lower at 45.53 MT than the targetted level of 50.90 MT for the month.
In April and May, the coal offtake stood at 88.23 MT as against the target of 102.36 MT.
Stock view:
Coal India Ltd is currently trading at Rs. 299.75, up by Rs. 2.85 or 0.96% from its previous closing of Rs. 296.9 on the BSE.
The scrip opened at Rs. 297.55 and has touched a high and low of Rs. 301.85 and Rs. 297 respectively. So far 1123477(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 187532.73 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. 272.05 on 12-Apr-2016. Last one week high and low of the scrip stood at Rs. 299.3 and Rs. 279 respectively.
The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.14 % and 3.21 % respectively.
The stock is currently trading above its 200 DMA.
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