Coal India gains on setting ambitious supply target of 900 MT for FY26
Coal India is currently trading at Rs 375.45, up by 0.70 points or 0.19% from its previous closing of Rs 374.75 on the BSE.
The scrip opened at Rs 376.00 and has touched a high and low of Rs 380.50 and Rs 374.50 respectively. So far 157705 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 544.70 on 26-Aug-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 384.00 and Rs 370.40 respectively. The current market cap of the company is Rs 231009.87 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 (CIL) has set an ambitious supply target of 900.24 million tonnes (MT) for 2025-26, representing over 18 per cent growth from the previous year's achievement, as part of a strategy to meet rising power demand and reduce imports.
The company's growth roadmap aligns with the government's objective of providing 24x7 power to every household, with plans to scale up production to 1 billion tonnes by 2028-29. To sustain growth while reducing environmental impact, the company is focusing on selective mining, coal beneficiation and blending, enhancing production from underground mines, and diversifying into cleaner coal technologies such as coal gasification and coal-to-liquid (CTL) projects.
For FY26, CIL has earmarked a capital investment of Rs 16,000 crore to maintain volume growth. Additional investments are planned in railway infrastructure development, solar and thermal power projects, coalbed methane extraction, and the revival of fertiliser plants. During FY25, total power generation in the country grew by 5 per cent to 1,826 billion units (BU), while coal-based generation increased to 1,299 BU. Against a projected demand of 661 MT from the power sector, CIL supplied 616.17 MT, achieving a materialisation rate of around 93 per cent.
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.
