Coal India Ltd.

NSE: COALINDIA | BSE: 533278 | ISIN: INE522F01014 | Industry: Coal & Mining
| Strong Performer, Under Radar
392.7000 -9.40 (-2.34%)
NSE Jun 12, 2025 15:31 PM
Volume: 11.3M
 

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Coal India Ltd.
04 Sep 2023
392.70
-2.34%
ICICI Securities Limited
Coal India’s (CIL) Aug’23 operating numbers were robust. Key points: 1) production/sales volume continued at the highest-ever level for the fifth successive month in FY24; 2) SECL’s volume revival has offset the flat volumes from MCL; 3) the traditional volume trough in Q2 is far lower in FY24 owing to increased rake availability; 4) higher volume to non-regulated sector (NRS), up 61% YoY in Aug’23, is likely to maintain FSA prices.
Coal India Ltd. is trading below its 30 day SMA of 396.4
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