Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Coal India moves up on eyeing to buy stakes in overseas coking coal blocks

21-Dec2017

Coal India moves up on eyeing to buy stakes in overseas coking coal blocks

Coal India is currently trading at Rs. 270.25, up by 0.65 points or 0.24% from its previous closing of Rs. 269.60 on the BSE.

The scrip opened at Rs. 270.55 and has touched a high and low of Rs. 271.15 and Rs. 269.40 respectively. So far 28918 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 332.10 on 27-Feb-2017 and a 52 week low of Rs. 234.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 274.75 and Rs. 262.45 respectively. The current market cap of the company is Rs. 167755.23 crore.

The promoters holding in the company stood at 78.86%, while Institutions and Non-Institutions held 17.47% and 3.67% respectively.

Coal India is looking for potential avenues for buying stakes in coking coal blocks overseas. Last year, the board had advised the company to explore the opportunities of acquiring coal assets overseas, very few prospective blocks in foreign nations have come up for sale.

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.


Related News

View all news

Reliance Industries shines as its telecom arm emerges as fastest in download speed during March

Reliance Industries is currently trading at Rs. 1362.75, up by 17.95 points or 1.33% from its previous closing of Rs. 1344.80 on the BSE.The scrip opened at Rs. 1349.95 and has touched a high and low of......

Lakshmi Vilas Bank rises on planning to raise Rs 188.16 crore

The Lakshmi Vilas Bank is currently trading at Rs. 80.80, up by 1.25 points or 1.57% from its previous closing of Rs. 79.55 on the BSE.The scrip opened at Rs. 81.95 and has touched a high and low of Rs.......

Syndicate Bank surges on entering into MoU with BEML

Syndicate Bank is currently trading at Rs. 39.85, up by 0.60 points or 1.53% from its previous closing of Rs. 39.25 on the BSE.The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 40.00......

Top News

View all news

Jet Airways reports passenger load factor of 86.7% in March

Jet Airways (India) has reported the Passenger Load Factor (PLF) of 86.7% during the month of March 2019. The company had reported the Passenger Load Factor of 89.4% during the month of February......

IndiGo launches additional daily non-stop flights to strengthen connectivity from Delhi

InterGlobe Aviation (IndiGo) has launched six additional daily non-stop flights to strengthen connectivity from Delhi. Effective May 25, the airline will operate its first direct flight on Delhi-Allahabad......

McLeod Russel to sell specified assets of its certain Tea Estates

McLeod Russel India has executed an agreement for sale of Specified Assets of Addabarie Tea Estate, Mahakali Tea Estate and Dirai Tea Estate of the Company, with Luxmi Tea Company on April 22, 2019.Earlier,......