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26 April, 2024 14:34 IST
Coal India achieves 98% of production target in Feb'16
Source: IRIS | 01 Mar, 2016, 08.00PM
Rating: NAN / 5 stars.
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Coal India, an Indian state-controlled coal mining company, has achieved 51.01 million tonnes of coal production for February 2016, which is 98% of target production of 52.01 million tonnes.

For April-February period, the company achieved 477.31 million tonnes of coal production, which is 97% of target production of 491.27 million tonnes.
 
The company and its subsidiaries achieved actual offtake of 45.53 million tonnes in February 2016, which was 97% of the target offtake of 47.13 million tonnes.

Similarly, for April-February period, the company achieved 483.14 million tonnes of offtake, which is 97% of target offtake of 497.62 million tonnes.

Shares of the company gained Rs 6.5, or 2.09%, to settle at Rs 317.70. The total volume of shares traded was 323,022 at the BSE (Tuesday).

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