All Eyes Now on  Coal India

Coal India's stock surges over 5%, hits fresh 52-week high, emerging as Nifty 50's top gainer. Read More

Investor Confidence Soars

Improved earnings and high dividend expectations boost investor confidence, propelling Coal India's resurgence.

Strong Production and Sales

In H1 FY24, Coal India achieved an 11.3% YoY production increase, with total supplies up 8.6% YoY, backed by the rising demand in the power sector.

Diverse Supply Opportunities

Higher production allows Coal India to cater to non-power sectors, fetching premium prices for its produce.

E-Auction Premiums Soar

Strong demand drives e-auction premiums up by 106% in September '23, a result of global coal price hikes and increased industrial activity.

Global Factors at Play

Rising international coal prices, fuelled by gas supply concerns, high Chinese imports, reduced Russian coal supplies, and increased crude prices.