Mumbai: Shares of Coal India jumped by over 3 percent on the bourses to touch a record high today amid media reports that the company has received proposals from several companies to get imported coal at discounted prices.
Following the reports, the scrip rose by 3.32 percent to touch a lifetime high of Rs 375.90 on the Bombay Stock Exchange (BSE).
In a similar fashion, shares of the company touched a new high of Rs 377, up 3.44 percent from their previous closing price of Rs 364.45, on the National Stock Exchange.
According to reports, Coal India Limited (CIL) has received 27 proposals from 16 companies for getting imported coal at discounted prices.
Source: PTI
