10-01-2021 04:08 PM | Source: Accord Fintech
Coal India zooms on planning to fund mock-up coal mine at National Science Centre Delhi
News By Tags | #411 #572 #870

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Coal India is currently trading at Rs. 189.05, up by 3.85 points or 2.08% from its previous closing of Rs. 185.20 on the BSE.

The scrip opened at Rs. 184.80 and has touched a high and low of Rs. 189.80 and Rs. 182.35 respectively. So far 1505460 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 195.80 on 29-Sep-2021 and a 52 week low of Rs. 109.50 on 15-Oct-2020.

Last one week high and low of the scrip stood at Rs. 195.80 and Rs. 165.45 respectively. The current market cap of the company is Rs. 116136.62 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.17% and 5.69% respectively.

Coal India (CIL) is planning to fund a mock-up coal mine at National Science Centre Delhi, a unit of National Council of Science Museums (NCSM). The mock-up mine will give visitors a first-hand experience and an insight into how a coal mine works. State-of-the-art digital displays, virtual reality and simulators will create the sights and sounds of a real mine.

The simulated conditions will enable visitors to get a feel of a real mine and experience the challenging conditions in which coal is mined. This will also educate the visitors and create an awareness of the importance of coal in daily life and help them understand coal mining with a fresh perspective. The mock-up mine will also showcase the technological advances made and safety measures undertaken by CIL in coal mining. This would also encourage young people to take up coal mining as a career.

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.