Coal India rises on executing MoU with IRCON International
Coal India is currently trading at Rs. 384.90, up by 2.70 points or 0.71% from its previous closing of Rs. 382.20 on the BSE.
The scrip opened at Rs. 382.55 and has touched a high and low of Rs. 385.25 and Rs. 380.65 respectively. So far 282459 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. 389.00 and Rs. 380.10 respectively. The current market cap of the company is Rs. 236155.75 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) and IRCON International have executed a non-binding Memorandum of Understanding (MoU) on October 8, 2025 at Kolkata with an intent of development of Rail Infrastructure of CIL and its subsidiaries.
Earlier, the company and Chhattisgarh Mineral Development Corporation (CMDC), a Chhattisgarh State Government undertaking, had 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.
