Coal India Ltd.

NSE: COALINDIA | BSE: 533278 | ISIN: INE522F01014 | Industry: Coal & Mining
| Mid-range Performer
379.7000 0.15 (0.04%)
NSE Aug 08, 2025 15:31 PM
Volume: 4.2M
 

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Coal India Ltd.
05 Jan 2022
379.70
0.04%
ICICI Securities Limited
Coal India’s (CIL) Q3FY22 offtake volumes at 174mnte (up 12.8% YoY) took 9MFY22 volumes to 481.8mnte, up 17.6% YoY (up 15.4% vs 9MFY20), at an all-time high. Key factors behind the surge in offtake volumes were: 1) Higher power demand; 2) low coal stocks at most power plants; 3) unprecedented power prices on exchanges in Oct’21, 4) elevated global coal prices, forcing Indian importers to look for domestic alternatives, 5) RE generation still some way off from becoming a substitute for coal, especially during non-solar hours of the day.
Coal India Ltd. has an average target of 461.62 from 8 brokers.
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