Coal India Ltd. – Market Performance and Strategic Developments
1. Stock Market Activity
- Trading session: Friday 23 Nov 2026, 11:17 PM Central Europe.
- Price movement: Down 1.21 % over 24 hours.
- Current price: INR 397.45 per share.
- Market capitalization: INR 2.5 trillion.
- Trading volume (last 24 h): INR 2.7 billion worth of shares.
- Share supply: 6.2 billion shares.
- 52‑week range: Highest INR 491.25 (30 Apr 2026); lowest INR 369.60 (25 Nov 2025).
- Moving average: 200‑day SMA at INR 434.82.
- Month‑end trend: Down 5.18 % since last month‑end.
2. Recent Corporate Initiative – Coal‑Gasification Project
Coal India’s 51 % stake in Bharat Coal Gasification and Chemicals Ltd (BCGCL) has entered the construction phase for a new coal‑gasification plant in Odisha.
- Technology: Indigenous pressurised fluidised‑bed system to produce technical‑grade ammonium nitrate from coal‑derived synthesis gas.
- Partnership: Bharat Heavy Electricals Ltd (BHEL) as a joint venture partner.
- Construction status: Ground works commenced; majority of tenders awarded; contracts issued to BHEL and Larsen & Toubro.
- Supply chain: Mahanadi Coalfields will supply washed coal and reject material to the plant.
- Strategic context: Aligns with national objectives to expand coal‑gasification capacity, reduce reliance on imported chemicals and fuels, and secure long‑term financing, buyers, and regulatory approvals.
3. Related Equity Movements (24‑Hour Performance)
| Stock | Ticker | % Change | Current Price (INR) | Market Cap (INR trillion) | P/E Ratio |
|---|---|---|---|---|---|
| Avenue Supermarts | DMART.NS | –2.61 % | 3,157.7 | 2.1 | 67.99 |
| Torrent Pharma | TORNTPHARM.NS | –0.11 % | 4,524.4 | 1.7 | 71.32 |
| Oil & Natural Gas | ONGC.NS | –0.27 % | 227.5 | 2.8 | 6.52 |
| Shriram Finance | SHRIRAMFI.NS | –1.67 % | 865 | 2.1 | 19.08 |
| Adani Green Energy | ADANIGREEN.NS | –0.68 % | 1,185.1 | 2.1 | 130.38 |
- Avenue Supermarts experienced a decline to a 52‑week low, reflecting broader market weakness and investor sensitivity to rising crude prices and geopolitical tensions.
- Torrent Pharma and Oil & Natural Gas recorded marginal declines; their valuations remain high relative to earnings.
- Shriram Finance announced interim dividend of 325 % for the period ending 30 Sep 2026, a planned resource mobilisation programme, and a new Chief Software Officer.
- Adani Green Energy reported September‑quarter results with continued revenue growth, expanded capacity, and a focus on wind and hybrid asset utilisation.
4. Company Overview
Coal India Ltd. is a leading producer of coal in India, serving both domestic and international markets. Its product portfolio includes:
- Coking coal for steel and metallurgical use.
- Semi‑coking coal and beneficiated coal for power generation, cement, and industrial processes.
- Non‑coking coal for thermal power, brick manufacturing, and other heating applications.
- Coke and coke fines for industrial furnaces.
- Rejects and middlings for fluidised‑bed boilers, road repairs, briquette making, and landfilling.
Founded in 1973 as Coal Mines Authority Limited, the company rebranded to Coal India Limited in 1975. It is headquartered in Kolkata, India, and listed on the National Stock Exchange of India. The official website is www.coalindia.in .
