FYOQ News

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Coal India listing – Share price hit 340 on opening day Posted: 04 Nov 2010 01:40 AM PDT Coal India IPO listed today and it rose like a massacre. Share of Coal India rose upto 40% in first day and its contibur to rise since then. Coal India listed at Rs 291 per share today. Its like a Diwali bonanza for the share markets players who have earned a lot after the initial listing. The sale of 10% stake of Coal India is the biggest share sale in Indian history and as per speculations it has banked almost 3.4billion$ to government. Experts saying that 40% jump is one of the best performance ever seen. At present its on 336.95 and showing downward trend as at present its 37.53% high.

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