Share of Coal India NSE 2.59 % (CIL NSE -4.61 %) advanced in Wednesday’s early trade after coal minister Pralhad Joshi on Tuesday said the company will invest over Rs 1.22 lakh crore on projects related to coal evacuation, exploration and clean coal technologies by 2023-24, to achieve 1 billion tonnes of fuel output target. The firm is also slated to report its June quarter results later in the day.
The scrip traded 1.84 per cent higher at Rs 135.05 at around 9.26 am (IST), while the benchmark BSE Sensex was almost flat at 38,909 at around the same time.
