Company Profile

COAL INDIA LTD.

NSE : COALINDIABSE : 533278ISIN CODE : INE522F01014Industry : Mining & MineralsHouse : PSU
BSE128.50-0.2 (-0.16 % )
PREV CLOSE (Rs.) 128.70
OPEN PRICE (Rs.) 129.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 223301
TODAY'S LOW / HIGH (Rs.)128.20 130.00
52 WK LOW / HIGH (Rs.)119.25 217.9
NSE128.45 -0.3 (-0.23 % )
PREV CLOSE(Rs.) 128.75
OPEN PRICE (Rs.) 129.15
BID PRICE (QTY) 128.45 (1251 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 6357551
TODAY'S LOW / HIGH(Rs.) 128.20 130.10
52 WK LOW / HIGH (Rs.)119.2 217.55

Company News

Date Heading Details
05-Aug-2020 Coal India's coal allocation under spot e-auction scheme falls 7% in April-June <p align="justify">Coal India's (CIL) coal allocation under spot e-auction scheme registered 7.1 percent decline to 6.89 million tonne (MT) in April-June of 2020-21, in the wake of slump in fuel demand due to COVID-19 induced lockdown. The company had allocated 7.42 MT of coal in the year-ago period. However, the coal allocated by the company in June increased to 3.68 MT, compared to 2.07 MT in the corresponding month of 2019-20.&nbsp; </p><p align="justify">Coal distribution through e-auction was introduced with a view to provide access to coal for such buyers who are not able to source the dry fuel through the available institutional mechanism.</p><p align="justify">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.<br></p>
04-Aug-2020 Coal India rises on logging 17% jump in composite opencast production in July <div align="justify"><span>Coal India is currently trading at Rs. 130.10, up by 1.65 points or 1.28% from its previous closing of Rs. 128.45 on the BSE.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 131.60 and Rs. 129.00 respectively. So far 314072 shares were traded on the counter.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>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.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 132.45 and Rs. 127.60 respectively. The current market cap of the company is Rs. 80392.79 crore.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 30.07% and 3.73% respectively.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Coal India (CIL) has clocked a 17 per cent growth in composite opencast production in July over the same month a year ago. Further, the company is expecting the production to rise post monsoon in view of the positive growth trend in the Over Burden Removal (OBR).</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>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.</span></font></div><div><br></div>
04-Aug-2020 Jubilant Life Sciences, Infosys and KEC International to see some action today <p align="justify"><strong>Jubilant Life Sciences'</strong> subsidiary--Jubilant Generics has launched remdesivir for injection under the brand name ‘JUBI-R' in the Indian market at a price of Rs 4,700 per vial of 100 mg (lyophilized injection). The company will make the drug available to over 1,000 hospitals providing COVID-19 treatment in India through its distribution network. The company's 24 hour help line will enhance access to ‘JUBI-R' during these pandemic times, where timely access to the drug may prove critical to treatment outcomes.</p><p align="justify">National Bank of Bahrain (NBB) has chosen Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of <strong>Infosys</strong>, to digitally transform its transaction banking business. NBB will be implementing the Finacle Liquidity Management Platform, and upgrading its existing Finacle Corporate Online Banking platform to a full-fledged Digital Engagement Suite - with the latest versions of the Finacle Corporate Online and Mobile Banking solutions, along with the Finacle Digital Engagement Hub.</p><p align="justify"><strong>KEC International</strong> has secured new orders of Rs 1,192 crore across its various businesses. The company's transmission and distribution (T&amp;D) business and SAE Towers have secured orders of Rs 821 crore for T&amp;D projects in India, SAARC, Malaysia, Africa and the Americas. The Urban Infra business has secured an order of Rs 146 crore from Kochi Metro Rail (KMRL) for the construction of viaduct along with station for the Phase 1 extension of Kochi metro rail project in India. The Civil business has secured an order of Rs 57 crore for infra works in the warehouse space in India. Besides, the Cables business has secured orders of Rs 168 crore for various types of cables/cabling projects in India. </p><p align="justify"><strong>Indian Oil Corporation</strong> (IOC) has issued 16250, 5.40% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series - XVIII) of Rs 10,00,000 each aggregating to Rs 1625 crore on Private Placement basis on August 3, 2020. The funds raised through this issue will be utilized for, inter alia, refinancing of existing borrowing and/or funding of Capital Expenditure of the company, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the issuer.</p><p align="justify"><strong>Century Plyboards</strong> (India) has started using nanotechnology in manufacturing of its products to kill viruses in the wake of the COVID-19 pandemic. The company is using ‘Virokill technology' in its production line, which kills 99.99 per cent of viruses. The highly activated and energised nanoparticles physically rupture and kill viruses coming in contact with it. The nanoparticles are effective throughout the lifetime of furniture as those are embedded in the polymer matrix system. </p><p align="justify"><strong>Coal India</strong> (CIL) has clocked a 17 per cent growth in composite opencast production in July over the same month a year ago. Further, the company is expecting the production to rise post monsoon in view of the positive growth trend in the Over Burden Removal (OBR).</p><p align="justify"><strong>UCO Bank</strong>, which posted net profit for two successive quarters, is ready to come out of the RBI's prompt corrective action (PCA) framework. In May 2017, the central bank had initiated PCA against the lender due to high non-performing assets and negative return on assets.<br></p>
03-Aug-2020 Coal India logs 17% jump in composite opencast production in July <div align="justify"><span>Coal India (CIL) has clocked a 17 per cent growth in composite opencast production in July over the same month a year ago. Further, the company is expecting the production to rise post monsoon in view of the positive growth trend in the Over Burden Removal (OBR).</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>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.</span></font></div><div align="justify"><br></div>
03-Aug-2020 Coal India reports 3% fall in production in July <p align="justify">Coal India has reported fall in its production by 3% to 37.36 million tonnes (MT) in July compared to 38.51 MT of coal in July last year. The production in the first four months of 2020-21 dropped to 158.37 MT from 175.46 MT of coal produced in the April-July period of the previous fiscal. The company's offtake also dropped to 43.39 MT in July from 46.59 MT in the corresponding month of the previous fiscal.</p><p align="justify">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.<br></p>
30-Jul-2020 Coal India's fuel allocation for non-power sector rises 3-fold to 6.66 MT in Q1FY21 <p align="justify">Coal India's (CIL) fuel allocation under the exclusive e-auction scheme for the non-power sector increased three-fold to 6.66 million tonnes (MT) in the April-June period of the ongoing financial year (Q1FY21). </p><p align="justify">This growth comes amid CIL looking to tap the non-power sector for the consumption of its coal in the wake of a slump in demand for the dry fuel. CIL had allocated 2.20 MT of the dry fuel to the sector under the scheme in the April-June period of the last financial year.</p><p align="justify">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.<br></p>
28-Jul-2020 CIL's coal allocation to power sector under e-auction declines 29% in Q1FY21 <p align="justify">Coal India's (CIL) coal allocation under special forward e-auction for the power sector declined 28.7 percent to 4.74 million tonnes (MT) in the first quarter of the ongoing fiscal (Q1FY21). CIL had allocated 6.65 MT of coal in April-June period of the last fiscal. Coal allocation by the Maharatna firm under the scheme declined to 0.64 MT last month, from 0.88 MT in June 2019.</p><p align="justify">CIL is one of the major suppliers of coal to the power sector. The PSU, which is already reeling under the impact of the COVID-19 crisis which has hit demand and supply of coal, had recently said the situation will remain uncertain in July-September as some states are resorting to fresh lockdowns.</p><p align="justify">Coal India is the world's largest coal mining company. It also produces noncoking coal and coking coal of various grades for diverse applications.<br></p>
28-Jul-2020 CIL falls as its coal allocation to power sector under e-auction declines 29% in Q1FY21 <div align="justify"><span>Coal India is currently trading at Rs. 129.40, down by 0.55 points or 0.42% from its previous closing of Rs. 129.95 on the BSE.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The scrip opened at Rs. 130.90 and has touched a high and low of Rs. 130.90 and Rs. 128.60 respectively. So far 88703 shares were traded on the counter.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>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.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 136.55 and Rs. 128.60 respectively. The current market cap of the company is Rs. 79776.52 crore.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 30.07% and 3.73% respectively.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><span>Coal India's (CIL) coal allocation under special forward e-auction for the power sector declined 28.7 percent to 4.74 million tonnes (MT) in the first quarter of the ongoing fiscal (Q1FY21). CIL had allocated 6.65 MT of coal in April-June period of the last fiscal. Coal allocation by the Maharatna firm under the scheme declined to 0.64 MT last month, from 0.88 MT in June 2019.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>CIL is one of the major suppliers of coal to the power sector. The PSU, which is already reeling under the impact of the COVID-19 crisis which has hit demand and supply of coal, had recently said the situation will remain uncertain in July-September as some states are resorting to fresh lockdowns.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Coal India is the world's largest coal mining company. It also produces noncoking coal and coking coal of various grades for diverse applications.</span></font></div><div><br></div>
23-Jul-2020 Coal India gains Rs 3,125 crore from improved quality, supply beyond ACQ <p align="justify">Coal India (CIL) has gained over Rs 3,125 crore from supply of improved quality coal over committed grades and supply beyond annual contracted quantity (ACQ). An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to the company on whole. The PSU's coal supplies, above agreed ACQ to its customers, having fuel supply agreement (FSA), also netted the company a substantial amount of over Rs 1,760 crore under performance incentive during the previous two fiscals combined. </p><p align="justify">Coal India is the world's largest coal mining company. It also produces noncoking coal and coking coal of various grades for diverse applications.<br></p>
23-Jul-2020 Infosys, Coal India and Vodafone Idea to see some action today <p align="justify"><strong>Infosys</strong> has formed a consortium with pymetrics, Merit America, Per Scholas, Revature, and Woz Enterprise that will leverage its Wingspan solution to create a free online platform, connecting employees and employers, and provide training for job seekers. The consortium will leverage Infosys Wingspan and pymetrics' AI-based talent-matching platform to meet reskilling and employment needs raised by the COVID-19 crisis in America.</p><p align="justify"><strong>Coal India</strong> (CIL) has gained over Rs 3,125 crore from supply of improved quality coal over committed grades and supply beyond annual contracted quantity (ACQ). An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to the company on whole. The PSU's coal supplies, above agreed ACQ to its customers, having fuel supply agreement (FSA), also netted the company a substantial amount of over Rs 1,760 crore under performance incentive during the previous two fiscals combined. </p><p align="justify"><strong>Vodafone Idea</strong> has completed its postpaid consolidation exercise, by bringing all Idea postpaid subscribers under a single umbrella of 'Vodafone RED'. All Vodafone Idea postpaid subscribers can now avail benefits of the Vodafone RED plan, a uniform customer service, and an enhanced digital experience. The consolidation is a significant step towards its synergy realisations and has led to process standardisation for both the retail and enterprise customers. </p><p align="justify"><strong>Tata Communications</strong> has started offering internet services and solutions to enterprises directly in Saudi Arabia. The company has been operating in Saudi Arabia since 2004 in association with local partners, but now it has been given a new licence that allows the company to directly offer services to business organisations in Middle East nations and bill them in local currency. The company recently secured a Type B telecom license in the Kingdom of Saudi Arabia (KSA).</p><p align="justify"><strong>Bharti Airtel's</strong> subsidiary -- Airtel Payments Bank has entered into partnership with the National Skill Development Corporation (NSDC) to skill the youth in rural India and enable them to find employment opportunities in the financial services sector. The partnership will leverage NSDC's experience, training infrastructure and wide network with Airtel Payment Bank's industry insights, to design and conduct targeted skill development programmes for rural youth.</p><p align="justify"><strong>Alankit </strong>Group has collaborated with UTI Infrastructure Technology and Services, a Government Financial Services Provider Company. The company can now provide all the PAN card services to the citizens digitally PAN India at all its facilitation centers.</p><p align="justify"><strong>KPIT</strong> has opened a new software engineering center in Germany's Munich, which will house nearly a tenth of its overall workforce. The center will work in the area of electrification, autonomous driving, AUTOSAR and vehicle diagnostics and will also house expertise in other areas like digital cockpit.<br></p>