#1
25th June 2015, 04:20 PM
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Future Of Coal India Limited
Tell me about the Future Prospects of the Coal India Limited; give me the complete information about this? What are the stock price and the share price of Coal India Limited? Provide me the Live Share price of it so that I can get the details about it?
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#2
29th August 2015, 06:36 AM
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Coal India Limited is a Navratna Public Sector Undertaking under Ministry of Coal. It produces non-coking coal and coking coal from its 21 major coalfields in India. The prospects of CIL is very bright since the energy demands of our country is growing day by day to rapid industrialisation and urbanisation. Coal is a dominant energy source in the energy scenario. Coal India alongwith its units account for nearly 82 percent of our nation's fuel production. A 29 percent increase in net income has been reported for the six months ending September 30. Coal prices are set to rise in future because of growing demand and many environmental regulatory. Coal India is also in talks for acquisition of mines in Australia, Indonesia and US to meet the country's demand. Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 228,020.75 Cr.) operating in Mining sector. Coal India Ltd. key Products/Revenue Segments include Coal which contributed Rs 381.99 Cr to Sales Value (98.67% of Total Sales),Other Operating Revenue which contributed Rs 5.13 Cr to Sales Value (1.32% of Total Sales), for the year ending 31-Mar-2015. The company’s management includes Dr.A K Dubey, Mr.B K Saxena, Mr.C K Dey, Mr.M Viswanathan, Mr.N Kumar, Mr.P Chakraborty, Mr.R Mohan Das, Mr.S Bhattacharya, Mrs.Sujata Prasad, Mr.M Viswanathan. Company has Chaturvedi & Co. as its auditors. As on 30-Jun-2015, the company has a total of 6,316,364,400 shares outstanding. |
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