COAL INDIA LIMITED
Dated: 03 August, 2011
Coal India to be included in SENSEX
Coal India Limited (CIL) the state owned coal mining monolith is poised to join select band of the Indian corporate when the company would be included in the India’s most widely tracked bellwether Index, the 30-stock “SENSEX” on 8 August 2011, globally considered to be the barometer of the Indian economy. Inclusion in the Bombay Stock Exchange SENSEX marks a defining moment in the history of the company and opens a new dimension to the company’s prospects.
It may be recalled that Coal India Limited was listed in the stock exchanges on 4 November 2010. CIL’s IPO was the largest so far in the Indian capital market and was over-subscribed 15.3 times. CIL was the Most Valued Company in terms of Market Capitalization (17 May 2011) among the Indian PSUs and a coveted second among all the Indian companies.