Coal India, Sesa Goa dip as GoM okays mining bill

The Group of Ministers said that coal mining companies will have to share 26% of their profit with locals. MMDR (Mines & Minerals Development & Regulation) bill is likely to be tabled in this monsoon session, reports CNBC-TV18.

July 08, 2011 / 10:30 IST

26 Aug, 2025 12:21

Volume

Todays L/H

The Group of Ministers said that coal mining companies will have to share 26% of their profit with locals. MMDR (Mines & Minerals Development & Regulation) bill is likely to be tabled in this monsoon session, reports CNBC-TV18.

Coal India touched an intraday high of Rs 383.25 and an intraday low of Rs 365. At 09:16 hrs the share was quoting at Rs 365.20, down Rs 29.05, or 7.37%. It was trading with volumes of 13,296 shares.

Sesa Goa touched an intraday high of Rs 290 and an intraday low of Rs 256.80. At 09:18 hrs the share was quoting at Rs 275.20, down Rs 19.35, or 6.57%. It was trading with volumes of 787,943 shares.

first published: Jul 8, 2011 09:20 am

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