Coal India shares are trading at Rs. 503.65, showing an increase of 2.90 points or 0.58% from its previous close of Rs. 500.75 on the BSE.

The stock opened at Rs. 506.85, reaching a high of Rs. 506.85 and a low of Rs. 501.55. A total of 191,294 shares have been traded so far.

The stock, part of the BSE group 'A' with a face value of Rs. 10, hit a 52-week high of Rs. 544.70 on August 26, 2024, and a 52-week low of Rs. 281.20 on September 25, 2023.

Over the past week, the stock’s high was Rs. 506.85, with a low of Rs. 476.40. The company's market capitalization currently stands at Rs. 3,09,368.96 crore.

Promoters hold 63.13% of the company’s shares, while 31.66% is held by institutions, and 5.21% by non-institutional investors.

Coal India has entered into a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for a renewable energy project in Rajasthan. The newly formed Joint Venture Company (JVC) will be set up as a ‘Private Limited’ entity with an initial paid-up share capital of Rs 10 lakh.

In the JVC, Coal India will hold 74% of the equity, while RRVUNL will own the remaining 26%. Both companies will nominate directors, with Coal India appointing four and RRVUNL two.

Coal India is the world’s largest coal producer and supplies both coking and non-coking coal for various uses.