01-01-1970 12:00 AM | Source: Accord Fintech
Coal India jumps after its supplies under e-auction log 31% growth during Apr-Dec'21
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Coal India is currently trading at Rs. 163.45, up by 2.65 points or 1.65% from its previous closing of Rs. 160.80 on the BSE.

The scrip opened at Rs. 160.40 and has touched a high and low of Rs. 164.80 and Rs. 160.40 respectively. So far 618820 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 203.85 on 06-Oct-2021 and a 52 week low of Rs. 123.45 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 166.45 and Rs. 159.05 respectively. The current market cap of the company is Rs. 100267.59 crore.

The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 27.94% and 5.93% respectively.

Coal India's actual coal dispatch under the five e-auction windows at 77.4 million tonnes (MTs) jumped ahead by 31% during April-December'21 compared to 59 MTs corresponding Period Year ago. Special forward e-auction, the exclusive window meant for power sector, accounted for nearly 28 MTs of the total dispatched quantity.

Coal supplied under other e-auction outlets, where predominantly non-regulated sector customers access coal, accounted for 49.5 MTs. Under this category, the company logged a growth of 21% compared to 41 MTs of same period last year and a two-fold increase over 24.4 MTs of comparable period 2019.

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.