Mumbai: Shares of Coal India Ltd (CIL) on Tuesday gained over 2 per cent after the company reported nearly 90 per cent jump in standalone net profit for the fourth quarter ended March 31.
After making a bullish opening, shares of the company rose further by 2.57 per cent to Rs 308.50 on BSE. At NSE, the scrip went up by 2.43 per cent to Rs 308.65.
The stock was the top gainer among both Sensex and Nifty stocks during morning trade. CIL on Monday reported nearly 90 per cent jump in standalone net profit at Rs 2,320.61 crore for the fourth quarter ended March 31....
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12:59 PM, May 21, 2013
New Delhi: Raising objections to price-pooling of coal, West Bengal government has conveyed to CIL that such a mechanism is not acceptable to it. Coal India Ltd (CIL) had sought opinion of state governments on the issue. To offset the impact of high import costs, the Planning Commission had said that CIL should adopt a pooling formula on prices by combining rates of imported and domestic coal. "The West Bengal...
05:04 AM, Oct 15, 2012
New Delhi: The Children Investment Fund Management (UK) Llp, or TCI, on Wednesday filed a petition in the Delhi High Court against India's coal ministry and Coal India Ltd challenging their moves to keep the prices low. The TCI, which has less than 2 per cent stake in the company, claimed that the ministry had no legal authority to interfere with the decisions of Coal India ltd and that the...
06:20 AM, Aug 02, 2012
Mumbai: State-run Coal India on Wednesday toppled Reliance Industries Limited (RIL) as the country's most valued company, ending billionaire Mukesh Ambani-led corporate giant's over four-year rein at the top of the market valuation charts. With an over 2 per cent gain in its share price, the public sector coal giant on Wednesday achieved a market value of Rs 2,51,296 crore, which was over Rs 4,000 crore more than that of...
05:20 PM, Aug 17, 2011
Kanpur: The state-run Coal India Limited (CIL) will make its second attempt to buy the house of Mahatma Gandhi in Johannesburg. CIL wants to build a memorial in the house, where Mahatma had lived for over a year. The PSU had made its first attempt to buy the house of the Father of the Nation in August 2009 when some officials learnt that it was up for sale. But the...
12:24 PM, Jan 03, 2011
Coal India Ltd has decided to offer job to Madhu, a 5th generation Mughal. ...
11:03 AM, Jul 01, 2009
