The combined production shortfall for the first two months of 2014-15 fiscal was 3 percent at 73.79 mt (provisional) against the target of 76.17 mt.
Coal India today reported provisional coal production of 36.27 million tonne (mt) for May, falling short by 6 percent from the target of 38.56 mt. The combined production shortfall for the first two months of 2014-15 fiscal was 3 percent at 73.79 mt (provisional) against the target of 76.17 mt.
The miner though unable to meet its production target registered a growth of 5 percent for the first two months. Eastern Coalfields, Bharat Coking Coal Ltd and Central Coalfields succeeded in surpassing production targets.
CIL coal offtake for May stood at 40.71 mt, lower by 7 percent compared to target of 43.78 mt. Coal India achieved April-May 2014 offtake of 81.25 mt against a target of 88.94 mt, achieving 91 percent of the target.
Coal India stock price
On June 02, 2014, Coal India closed at Rs 373.35, up Rs 2.20, or 0.59 percent. The 52-week high of the share was Rs 417.00 and the 52-week low was Rs 238.35.
The company's trailing 12-month (TTM) EPS was at Rs 23.76 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 15.71. The latest book value of the company is Rs 56.24 per share. At current value, the price-to-book value of the company is 6.64.
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