Coal India Share Price Today, February 28: Shares of Coal India Rises Nearly 3% As NCL Introduces New Levy on Coal Dispatches
Shares of Coal India Ltd (NSE: COALINDIA) surged nearly 3 per cent on February 28, as the company’s subsidiary, Northern Coalfields (NCL), announced a new levy on coal dispatches.
Shares of Coal India Ltd (NSE: COALINDIA) surged nearly 3 per cent on February 28, as the company’s subsidiary, Northern Coalfields (NCL), announced a new levy on coal dispatches. The stock opened at INR 366.80, up from its previous close of INR 363.85, and later rose to INR 374.30, a gain of 2.89 per cent. The increase follows NCL's introduction of an INR 300 per tonne "Singrauli Punarasthapan Charge," which will be applied to coal dispatches starting May 1, 2025. The charge is expected to raise around INR 3,877.50 crore, providing a financial boost to Coal India. Stocks To Buy or Sell Today, February 28, 2025: LIC, Transrail Lighting, Coal India Among Shares That May Remain in Focus on Friday.
Coal India Share Price Today, February 28:
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