Cash pile of major PSUs like CIL, ONGC and others at Rs 1.62 lakh cr in 2012-13.India's 17 major public sector entities including CILBSE 0.28 %, ONGC, NMDCBSE -0.51 % and OIL had over Rs 1.62 lakh crore in cash reserves during 2012-13, Parliament was informed today.
Among these central public sector enterprises (CPSEs), Coal India LtdBSE 0.28 % (CIL) had the maximum cash and bank balance at Rs 43,776 crore, followed by ONGCBSE -1.55 % (Rs 22,450 crore), NMDC (Rs 17,230 crore) and NTPCBSE -0.59 % (Rs 16,185 crore).
The 17 major CPSEs had a cash and bank balance of Rs 1,62,338 crore, said Minister of State for Finance Namo Narain Meena in written reply in Lok Sabha.
Cash and bank balance of OIL was Rs 11,770 crore while that of SAILBSE 1.35 % was Rs 13,207 crore.
Meena said CPSEs use their funds for commercial purposes including payment of dividend and tax, discharge of liabilities, working capital, capital expenditure and expansion, among other things.
Coal India stock price
On November 27, 2015, Coal India closed at Rs 336.25, up Rs 0.35, or 0.10 percent. The 52-week high of the share was Rs 447.25 and the 52-week low was Rs 300.75.
The company's trailing 12-month (TTM) EPS was at Rs 19.07 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 17.63. The latest book value of the company is Rs 26.49 per share. At current value, the price-to-book value of the company is 12.69.
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