Coal India Share Price: Stock Analysis, History, and Forecast

Given the company’s prominence, it’s unsurprising that Coal India’s share price has regular highs and lows. Since its inception in 1975, the company has grown steadily. Coal India Ltd accounts for about 80 percent of the country’s overall coal production. Being the sole player in this industry, CIL consolidated an annual revenue of INR 28,434 crore in Q3FY21.

Owing to its expansion and contribution, investing in the Coal India stock market can prove to be profitable as the market capitalisation is presently showing an immense boom. CIL shares have proven to be one of the most trustworthy options for potential investors wishing to hold their investments for extended time periods to enjoy high ROIs.

If you want to invest in CIL stocks, make sure you’re up to date on the company’s share price, listings, indexes, market trends, and other relevant information. We’ve included all of the necessary details below.

Coal India Share Price Today

The current status of the Coal India share price is depicted through its overall performance in the stock market.

Note: This data is based on Coal India’s existing share price as of 14th March 2022.

After looking into the overall Coal India stock price, let’s take a look at the CIL share price of NSE and BSE.

Coal India Share Price BSE

BSE Live Coal India Stock Price: ₹178.60

• Previous Close: ₹181.75
• Open Price: ₹181.60
• High: ₹182.15
• Low: ₹177.85

Coal India Share Price NSE

Live Coal India share price NSE India: ₹178.65

• Previous Close: ₹181.75
• Open Price: ₹181.60
• High: ₹182.15
• Low: ₹177.85

Today’s Market Action on Coal India Share Price

As of March 14, 2022, on the NSE, Coal India’s last traded share price was ₹178.90, which was down by 1.57 percent from the preceding day. The last traded Coal India stock price on the BSE was same as on NSE and was down by 1.57 percent from the previous day. The total volume of CIL shares traded on the NSE and BSE was ₹3,358,830. It had a total aggregate revenue of  ₹60.69 crores.

Medium and Long Term Market Action on Coal India Share Price

On 06-10-2021, Coal India Ltd reached a 52-week high of ₹203.8, and on 19-04-2021, it reached a 52-week low of ₹123.4. Coal India Ltd stock price has increased by 8% in the previous month. In addition, it has escalated by 18.59% in the last year. 

Overview of Coal India Share Price Based On Market Trends

Coal India Limited i.e. CIL was incorporated in 1975. The Coal India share price today is ₹178.75 (on 14th March 2022). The current market capitalisation of Coal India stands at ₹112038 Cr in Q1 of 2022.

Furthermore, the venture accounted for a total income of ₹ 84279.6 crores in the first quarter. The core management team of Coal India Limited comprises 57 members, headed by  Shri Pramod Agrawal (CMD) , Shri B. Veera Reddy and Shri S N Tiwary who are technical and marketing directors.

Coal India Ltd. is listed on the Bombay Stock Exchange with a BSE Code: 533278. CIL is also traded on the National Stock Exchange with the NSE Symbol of COALINDIA. The unique ISIN Code of INE522F01014 is used to buy and sell Coal India shares.

Coal India Limited: Company Information

The government-owned coal mining corporation, Coal India Limited (CIL), was founded in November 1975. Starting with a limited production of 79 million tonnes (MTs) of coal in its inception year, CIL has immensely grown to become the world’s largest coal producer. Also touted as the largest corporate employer, CIL had employed 2,59,016 people as of 1st April 2021. CIL operates through its subsidiaries in 85 mining locations across 8 Indian states. Coal India Limited has 345 mines in total all over India, with 151 underground mines, 172 open cast mines, and 22 mixed mines.

Mission

To produce determined coal quantity and associated products with efficiency considering the economic factors of present times. The idea is to escalate the coal market in an eco-friendly way with respect to quality production.

Vision

To become a global participant in the primary energy industry, dedicated to ensuring the country’s energy security by achieving sustainable growth while using best practices right from coal mines to markets.

The seven subsidiaries that account for the functionality of CIL are:

• Eastern Coalfields Limited (ECL)
• Bharat Coking Coal Limited (BCCL)
• Central Coalfields Limited (CCL)
• Western Coalfields Limited (WCL)
• South Eastern Coalfields Limited (SECL)
• Northern Coalfields Limited (NCL)
• Mahanadi Coalfields Limited (MCL)

Coal India Ltd. also has a mine planning and consultancy company named Central Mine Planning and Design Institute (CMPDI). For trading purposes, CIL has a foreign subsidiary i.e. CIAL ( Coal India Africana Limitada) located in Mozambique.

Unmatched Strategic Relevance

CIL accounts for approximately 83 percent of India’s overall coal production. CIL holds 40% of the 57% total primary commercial energy requirement. As per analysis, Coal India share price is anticipated to remain at the top till 2040.

However, CIL supplies coal at discounted prices contrary to the international coal prices. This results in the insulation of consumers against coal price volatility. All these pointers make the coal industry relatively competitive.

Production and Growth

Under difficult and unfavourable conditions, Coal India Limited produced 596.22 million tonnes of coal in 2020-21. This amount accounted for 90% of the expected target. In comparison to the same period in the previous financial year, NCL achieved 102% of targeted production, showing a boost of 6.5 percent.

For the third year in a row, SECL produced more than 150 million tonnes, while MCL produced 148.01 million tonnes of coal. For the fiscal year, 2020-21 raw coal offtake stood at 574.481 MT, and overburden removal (OBR) stood at 1344.68 M Cum. Additionally, about 573.60 Mts of coal and coal-based products were dispatched in 2020-21. 

History of Coal India Limited

After Indian independence, the First Five Year Plan saw a rising demand for coal production. A working party was set up including officials from the coal industry and labour unions. In 1951, the government suggested the amalgamation of fragmented coal-producing units. The key idea was to put forward a larger organisation that can cope with escalating coal production. 

As a result, the nationalised coal industry came into existence. Through the unified coal sector, mining and production were integrated to put forward seamless coal production across the country. With 11 collieries, the National Coal Development Corporation was founded. The goal was to find new coalfields and accelerate the development of additional coal mines.

Timeline Showcasing the Overall Development of Coal India

Here is a detailed chronological account of the overall development of Coal India.  

2015-16

• New record was set and for the first time the overall coal production exceeded the benchmark of a half-billion tonnes. This historic moment took place in the same year when the honourable Prime Minister gave words about the “Make in India” concept. In the inaugural speech on 13th February 2016, PM Modi said that India has recorded the highest coal production ever since independence.  The overall coal production accounted for 536.50 Million.
• Coal India Limited added a new feather in its hat by winning the Fastest Growing Company award on 14th December 2015 held in Delhi. The company was honoured with the award in the India Today PSU Awards event.

2016-17

• Coal India Ltd was accredited with IS/ISO 9001:2015 for its Quality Management System together with IS/ ISO 50001:2011 for its foremost Energy Management System. The certification was officially given on 27th October 2016.
• The official web portal correlated to the MSME sector was launched. The agenda of the portal was to provide coal to customers with utmost ease. This move was taken into consideration specifically for  the small and medium sectors having an annual requirement of 10,000 tonnes of coal at maximum.
• CIL was accorded with the Coal & Coal Products Award in 2017 held by Dun & Bradstreet.
• ABP News honoured CIL with Best Implementation of Corporate Social Responsibility in 2017.
• In the Dalal Street Investment Journal Award event, CIL was honoured with the Most Efficient and Fast Growing Maharatna for the  Best Maharatna Category in 2016.
• CIL received the Best CFO Award by the Financial Express for its marvelous performance in the coal industry.

2017-18

• Online Monitoring System was initiated for monitoring the ongoing 69 coal-mining projects with overall costing above INR 150 Crores. Everything was kept under control through the advanced project monitoring software named MS Project.
• Coal India Ltd, in association with the CMPDI, set in motion an online portal named MDMS (Mine Data Base Management System) for monitoring the coal-associated projects with projects costing up to INR 20 Crores.
• 10th Wage Agreement for Coal India Limited was signed. Ten meetings were held with JBCCI-X with the key goal of negotiating Wage Agreement for the CIL’s Non-Executive Cadre Employees along with its Subsidiaries as well as SCCL.

2018-19

• By the end of 2019, Coal India created history by producing 606.89 Million Tonnes of coal. Additionally, in total, 608.14 Million Tonne of coal was supplied in the same financial year.  Furthermore, the clocking growth of 6.97% and 4.8% were recorded contrary to the previous year. The company leaped to 600 Million Tonnes of coal production in just 3 years, which was previously recorded at 500 MTs in the last 2 years.
• Was marked as a golden year as all the CIL subsidiaries earned huge profits and showed escalated growth.

2019-20

• Coal Production: CIL breached its 600 MTs mark with the annual coal production of 602.13 Million Tonnes. This took place for the second consecutive year.
• At the end of the first quarter i.e. March, 2020, Coal India Limited recorded coal production of 84.36 MT. This was the highest ever monthly coal production recorded since the formation of the corporation.
• Coal stock across the powerhouses went at its highest in the last 10 years. The stock surpassed 45 .01 Mts  in just 28 days on 31st March 2020.

2020-21: An annual growth of approximately 108% was recorded in Coal India’s CAPEX expenditure.

Company Performance From FY 2017 to FY 2021

The below table is a detailed analysis of the company performance of CIL from FY 2017 to FY 2021.

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Coal India Limited: Financial Summary

Given below is the complete financial summary of Coal India Limited from March 2020 to 2021.

Shareholding Pattern – Coal India Ltd.

Here is an overview of the shareholding pattern on Coal India Limited.

Historical Price Data of CIL

The table below throws light on the historical price data of Coal India.

Management of Coal India Limited

Here is a detailed overview of the management team of Coal India Limited.

Coal India Listings and Indices

Check out the comprehensive listing and indices details of Coal India Limited.   

Listing Information

Coal India Forms a Part of Below-Depicted Indices

• MCX-SX 40 Index
• Nifty 100
• Nifty 100 Low Volatility 30
• Nifty 200
• Nifty 50
• Nifty 50 Equal Weight
• Nifty 500
• NIFTY 500 Multicap 50:25:25 Index
• Nifty Commodities
• Nifty CPSE
• Nifty Dividend Opportunities 50
• Nifty LargeMidcap 250
• Nifty Low Volatility 50
• Nifty Metal
• Nifty PSE
• Nifty100 Equal Weight
• NIFTY100 Quality 30
• NIFTY200 Quality 30
• Nifty50 USD
• Nifty50 Value 20
• S&P BSE 100
• S&P BSE 100 LargeCap TMC Index
• S&P BSE 200
• S&P BSE 250 LargeMidCap Index
• S&P BSE 500
• S&P BSE AllCap
• S&P BSE Bharat 22 Index
• S&P BSE Carbonex
• S&P BSE CPSE
• S&P BSE Dividend Stability Index
• S&P BSE Dollex – 100
• S&P BSE Dollex – 200
• S&P BSE Dollex – 30
• S&P BSE Energy
• S&P BSE Enhanced Value
• S&P BSE LargeCap
• S&P BSE LargeMidCap
• S&P BSE Metal
• S&P BSE PSU
• S&P BSE Quality
• S&P BSE Sensex 50

The Coal India Stocks are listed on the following:

• MCX Stock Exchange
• National Stock Exchange of India Ltd.
• The Stock Exchange, Mumbai

Coal India Ltd: Contact Details

Here are the contact details of the registered office of Coal India along with its registrar information.

Registered Office

• Address: 

Coal Bhawan, Third Floor, Core-2

Premises No-04 Mar,

Plot No- A F- III, Action Area- I A

New Town, Rajarhat

Kolkata, West Bengal 700156

• Telephone Number: 033 2324 6526
• Fax: 033 2324 6510
• Email Address: mviswanathan2@coalindia[dot]in
• Official Portal: www[dot]coalindia[dot]in

Registrar Details

Alankit Assignments Ltd.

205-208, Anarkali Complex

Jhandewalan Extension

New Delhi

Future Outlook

CIL is committed to contributing significantly to the nation’s energy security. A roadmap has been established as per the demand projections in ‘Vision 2024’ for the country’s coal industry. Based upon this projection, the production of Coal India is supposed to be 1 billion tonnes (Bt) in the years 2023-24 to meet the country’s coal needs. This aimed production will directly result in increased annual revenue and yearly sales.

With BSE and NSE listings, the organisation is all set to achieve a new benchmark. So far Coal India has shown immense growth in the stock market and if we believe the words of financial analysts, the share prices of the company still have a lot of room for growth. So, it’s best to invest in Coal India’s share price to avail long term benefits.

FAQ’s about Coal India Share Price