Coal India gains on executing Non-Binding MoU with CMDC to explore critical minerals
Coal India is currently trading at Rs 386.45, up by 4.40 points or 1.15% from its previous closing of Rs 382.05 on the BSE.
The scrip opened at Rs 384.05 and has touched a high and low of Rs 388.90 and Rs 383.95 respectively. So far 247205 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 502.20 on 14-Oct-2024 and a 52-week low of Rs 349.20 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs 394.85 and Rs 380.10 respectively. The current market cap of the company is Rs 238836.54 crore.
The promoters holding in the company stood at 63.13%, while Institutions and Non-Institutions held 30.92% and 5.94% respectively.
Coal India and Chhattisgarh Mineral Development Corporation (CMDC), a Chhattisgarh State Government undertaking, have executed a Non-Binding Memorandum of Understanding (MoU) for collaboration in the exploration and exploitation of critical minerals and other minerals of mutual interest.
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.
