Coal India is currently trading at Rs. 124.80, up by 0.50 points or 0.40% from its previous closing of Rs. 124.30 on the BSE.
The scrip opened at Rs. 125.60 and has touched a high and low of Rs. 125.60 and Rs. 124.20 respectively. So far 85794 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.90 on 05-Nov-2019 and a 52 week low of Rs. 119.25 on 26-Mar-2020.
Last one week high and low of the scrip stood at Rs. 126.85 and Rs. 123.20 respectively. The current market cap of the company is Rs. 76633.53 crore.
The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 30.07% and 3.73% respectively.
Coal India’s (CIL) subsidiary -- Central Coalfields (CCL) is planning to install 80 Megawatt peak (MWp) ground-mounted solar power plant in the ongoing fiscal year. That action has also been taken for installation of solar plants on rooftops as green energy to reduce day time demand. Apart from rooftop solar projects, the company is in process of awarding work for 20 MWp solar power plant at Piparwar, which is expected to be installed in the current FY 2020-21.
In addition, company is also planning to install 80 MWp ground-mounted solar power plant at different command areas of company during FY 2020-21.
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.