Coal India Limited (COALINDIA.BO)
Coal India Limited operates in the Coal industry of the Energy sector, headquartered in Kolkata, WB, IN. The stock last traded at $408.50, down 0.16% on the session, giving a market capitalisation of $2.52T. Its beta of -0.04 implies it has historically moved less than the broad market.
Coal India Limited, operating through its subsidiaries, is primarily involved in the mining and distribution of various coal and coal-based products throughout India. The company offers coking coal, a crucial input for steel production, metallurgical industries, and the manufacturing of hard coke. It also provides semi-coking coal, which is blended for steelmaking, merchant coke fabrication, and other industrial metallurgical applications. Its offerings include thermal-grade non-coking coal, mainly used for power generation, but also vital for sectors like cement, fertilizer, glass, ceramics, paper, chemicals, brick manufacturing, and general heating. CIL further supplies beneficiated and washed non-coking coal specifically for electricity generation, as well as beneficiated non-coking coal for cement plants, sponge iron production, and other industrial uses. The firm's middling products are utilized in power generation, domestic fuel, brick production, cement works, and various industrial facilities. Moreover, the company processes rejects, which find utility in fluidized bed combustion boilers for power generation, road construction, briquette making, and land reclamation. Founded in 1973, Coal India Limited's headquarters are located in Kolkata, India.
Coal India Limited is most often compared with the following Energy names: