Key Highlights:
New Delhi, 9 April 2025: The shares of Coal India Ltd slipped in early trading on Tuesday, mirroring weakness across the broader energy sector. As of 9:51 AM IST, the stock was trading at ₹376.40, down ₹6.45 or 1.68% from its previous close of ₹382.85 on the NSE.
Early Trade Snapshot
- Previous Close: ₹382.85
- Opening Price: ₹382.30
- Current Price: ₹376.40 (as of 9:51 AM)
- Day’s Low: ₹376.35
- Day’s High: ₹382.70
- 52-Week High: ₹543.55
- 52-Week Low: ₹349.25
Key Financials
- Market Cap: ₹2.32 Lakh Crore
- P/E Ratio: 5.90
- Dividend Yield: 6.67%
Coal India boasts one of the highest dividend yields in the market, but current pressure in global commodity prices and energy sector headwinds appear to be weighing on investor sentiment.
Market Reaction & Sector View
The decline in Coal India’s stock comes amid broader concerns around demand softening in the thermal coal segment, especially with expectations of lower summer power demand compared to last year. Rising regulatory scrutiny around fossil fuels and ESG concerns have also dampened long-term enthusiasm.
Market experts also point to profit booking as the stock recently saw a mild rebound.
Expert View
Ravi Menon, a market strategist, shared, “Despite strong fundamentals and attractive dividend payouts, Coal India remains vulnerable to short-term volatility in energy demand and pricing cycles.”
What to Watch
Investors are now closely watching:
- April coal production & dispatch numbers
- Updates on renewable energy diversification
- Dividend payout date and earnings guidance
Analyst Note
While long-term fundamentals remain stable, short-term weakness may persist if broader market sentiment fails to improve. Investors with a long horizon may consider accumulating on dips, while traders should watch ₹375 as a key support level.
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