Coal news and updates

Coal India Ltd inches up; reports 8.8% rise in its coal output

Shares of Coal India Ltd inched up 0.7% after the company reported 8.8% increase in its coal output to 321.38 million tonnes during April-November period of the current fiscal year compared with 295.40 million tonnes during the same period last year.

 

Coal India Ltd is currently trading at Rs. 324.6, up by Rs. 2.2 or 0.68% from its previous closing of Rs. 322.4 on the BSE.

The scrip opened at Rs. 324 and has touched a high and low of Rs. 324.75 and Rs. 322.15 respectively. So far 508632(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 203639.45 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. 328.4 and Rs. 314.45 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.

Source: http://www.indiainfoline.com/