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Coal India rises on emerging as preferred bidder for Ontillu-Chandragiri REE Exploration Block
Sep-17-2025

Coal India is currently trading at Rs. 399.00, up by 2.95 points or 0.74% from its previous closing of Rs. 396.05 on the BSE.

The scrip opened at Rs. 402.60 and has touched a high and low of Rs. 402.65 and Rs. 398.20 respectively. So far 330221 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 517.65 on 27-Sep-2024 and a 52 week low of Rs. 349.20 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 402.65 and Rs. 390.45 respectively. The current market cap of the company is Rs. 246046.93 crore.

The promoters holding in the company stood at 63.13%, while Institutions and Non-Institutions held 30.92% and 5.94% respectively.

Coal India has been declared as Preferred Bidder by Ministry of Mines, Government of India for Ontillu-Chandragiri Rare Earth Element (REE) Exploration Block. The block consists area of 209.62 square kilometre. The exploration license deed is to be executed within one year of issuance of Letter of Intent by State Government.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

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