Bengaluru, April 7 -- The shares of a PSU company specializing in mining, coal production, and operating coal washeries are in focus as they are trading at a discount of up to 30 percent. This article provides a brief overview of the company's manufacturing capacity, future outlook, financials, and more.
Price action
With a market capitalization of Rs. 2,33,228.45 crores on Monday, the shares of Coal India Limited fell upto 9.1 percent, making a low of Rs. 350.15 per share compared to its previous closing price of Rs. 385.25 per share. The stock is currently trading at a discount of 30 percent from the 52-week high of Rs. 544.70.
About the company
Coal India Limited (CIL) is the largest coal producer in the world and a state-owned enter...
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