Coal India Limited's shares have risen by 58.90 per cent in the past year on the back of favourable demand-supply dynamics and growing global coal demand. The state-run behemoth supplies nearly 80 per cent of India’s coal requirements. In fact, it's production. increased by 44.6 million tonnes (MTs) in just five months and four days [...]
Coal India Limited’s shares surged 2.12% on Tuesday’s intraday trades to reach a fresh 52-week high of ₹ 235.50. Their share price surged 4.85% in the past five days and 10.15% in the past month. The shares are currently trading at ₹ 234.30 apiece. Coal India’s shares have risen by 50.90% as per year-to-date data. [...]
Coal India’s shares are near their 52-week high of ₹203.85 (October 6, 2021) as they have surged 32% in 4 days. The Russia-Ukraine crisis is impacting importers, but Coal India is a beneficiary as we will have to rely on domestic production to a greater extent.Coal India recorded its highest-ever single-day dry fuel production of 5.67 [...]
