Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 94351.37 Crore) operating in Mining sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 24334.62 Crore, up 9.43 % from last quarter Total Income of Rs 22237.82 Crore and down -1.09 % from last year same quarter Total Income of Rs 24602.19 Crore. Company reported net profit after tax of Rs 3083.95 Crore in latest quarter.
Investment Rationale
With sustained move above important averages, recent corrective phase seems to be over. On higher side it might revisit levels of 161
Promoter/FII Holdings
Promoters held 66.1 per cent stake in the company as of March 31, 2021, while FIIs held 6.5 per cent, DIIs 21.9 per cent and public and others 5.5 per cent.
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