Power plants commissioned up to March 31, 2009, will get coal at Coal India's notified prices, which would address concerns of states over 'price pooling' of the dry fuel, the government said today
"In the CCEA (Cabinet Committee on Economic Affairs) has decided that in respect of plants commissioned up to March 31, 2009, domestic coal will continue to be supplied as hitherto at CIL's (Coal India) notified prices," Coal Minister Sriprakash Jaiswal said in a written reply to the Lok Sabha.
Also read: Railways plan Rs 4,000cr invst for coal mines connectivity
Coal India stock price
On November 30, 2015, at 13:52 hrs Coal India was quoting at Rs 332.45, down Rs 3.8, or 1.13 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 17.43. 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 12.55.
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