Coal India Limited (CIL) is a major player in the mining sector and the largest coal producer in India, contributing significantly to the country’s energy needs. Incorporated on November 1, 1975, by the Government of India, Coal India is headquartered in Kolkata, West Bengal, and is registered under the Company Identification Number (CIN) L23109WB1973GOI028844Mumbai Investment. The company focuses on the exploration, production, and sale of coal, supplying essential fuel to sectors like power, steel, and cement, which are crucial for India’s industrial growth.Coal India operates through various subsidiaries, including Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), and Western Coalfields Limited (WCL), managing coal production across different regions in India. The company is responsible for around 80% of the country’s coal output, playing a vital role in meeting India’s energy demandsAhmedabad Wealth Management. Coal India is committed to sustainability, with various initiatives aimed at minimizing the environmental impact of its mining activities. As a government-owned enterprise under the Ministry of Coal, Coal India focuses on increasing coal production and improving operational efficiency.Share Price: ₹445.55 per share as on 29 Oct, 2024 04:01 PMMarket Capitalisation: ₹2,72,176.90Cr as of todayRevenue: ₹27,271.30Cr as on September 2024 (Q3 24)Net Profit: ₹6,274.80Cr as on September 2024 (Q3 24)Listing date: 04 Nov, 2010Chairperson Name: Mallikharjuna Prasad Polavarapu
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