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    HomeNewsBusinessStocksCoal India, Sesa Goa dip as GoM okays mining bill

    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
       
       
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      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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