Feb 26, 2013, 06.48 PM IST
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 December 05, 2013, Coal India closed at Rs 279.60, up Rs 7.80, or 2.87 percent. The 52-week high of the share was Rs 372.10 and the 52-week low was Rs 238.35.
The company's trailing 12-month (TTM) EPS was at Rs 13.90 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 20.12. The latest book value of the company is Rs 32.48 per share. At current value, the price-to-book value of the company is 8.61.
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