Bharat Coking Coal Ltd (BCCL) produced 2.94 MT (3.06 MT target); Central Coalfields Ltd (CCL) produced 4.55 MT (4.45 MT target) and Northern Coalfields Ltd (NCL) produced 6.86 MT (5.78 MT target).
State-owned Coal India Ltd (CIL) produced 37.5 million tonne of the dry fuel in April, as against the target of 37.6 MT. The company's offtake was 40.54 MT during the month. Its target for that was 45.17 MT, CIL said in a filing to the BSE.
Giving the break-up for its subsidiaries, CIL said: Eastern Coalfields Ltd (ECL) produced 3.21 MT coal as against the target of 3.34 MT; Bharat Coking Coal Ltd (BCCL) produced 2.94 MT (3.06 MT target); Central Coalfields Ltd (CCL) produced 4.55 MT (4.45 MT target) and Northern Coalfields Ltd (NCL) produced 6.86 MT (5.78 MT target).
Western Coalfields Ltd (WCL) produced 4.13 MT against the target of 3.67 MT, South Eastern Coalfields Ltd (SECL) produced 11.70 MT (10.19 MT target); Mahanadi Coalfields Ltd (MCL) produced 11.69 MT (10.02 MT target) and North Eastern Coalfields (NEC) produced 0.09 MT (0.04 MT target).
Coal India produced 462 MT of coal in the last financial year, 2013-14, missing the target of 482 MT by 20 MT.
Also Read: Coal firms should take advance action to renew FSAs in time
Coal India stock price
On April 25, 2014, Coal India closed at Rs 300.05, down Rs 1.95, or 0.65 percent. The 52-week high of the share was Rs 330.65 and the 52-week low was Rs 238.35.
The company's trailing 12-month (TTM) EPS was at Rs 26.41 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 11.36. 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 9.24.
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