Coal Mining Company Signs MoU with Mineral Resources Development, Govt. of Madhya Pradesh and Madhya Pradesh State Mining Corporation Ltd
DSIJ Intelligence-1 / 25 Aug 2025/ Categories: Mindshare, Trending
The stock is up by 9 per cent from its 52-week low of Rs 349.2 per share and has given multibagger returns of 170 per cent in 5 years.
Coal India Ltd (CIL), Mineral Resources Development, Govt. of Madhya Pradesh (through Directorate of Geology and Mining) and Madhya Pradesh State Mining Corporation Limited have executed a Non-Binding Memorandum of Understanding (MoU) on 23.08.2025 at Katni, Madhya Pradesh to cooperate and collaborate in the field of exploration & exploitation of critical minerals and other minerals of mutual interest in Madhya Pradesh.
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Earlier, Coal India and Konkan Railway Corporation Limited have executed a non-binding Memorandum of Understanding (MoU) at Kolkata with an intent of developing of rail infrastructure of CIL and its subsidiaries.
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About the Company
Coal India Ltd, a giant public sector company under India's Ministry of Coal, is the world's largest coal producer. Established in 1973 through the nationalisation of the coal industry, Coal India Ltd mines and produces coal, operating washeries to process it. Their primary customers are power and steel plants, but they also supply coal to cement factories, fertiliser companies, and brick kilns.
In Q1FY26 results, the company reported net sales of Rs 35,842 crore and net profit of Rs 8,734 crore while in its FY25 results, the company reported net sales of Rs 1,43,369 crore and net profit of Rs 35,302 crore.
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The company has a market cap of over Rs 2.3 lakh crore and has been maintaining a healthy dividend payout of 32 per cent. The shares of the company have a PE of 7x, an ROE of 39 per cent and an ROCE of 48 per cent. The stock is up by 9 per cent from its 52-week low of Rs 349.2 per share and has given multibagger returns of 170 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.