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Coal India Ltd gains for third straight session

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Capital Market

Coal India Ltd is quoting at Rs 196.8, up 1% on the day as on 12:54 IST on the NSE. The stock is down 31.32% in last one year as compared to a 5.76% slide in NIFTY and a 37.15% slide in the Nifty Metal index.

Coal India Ltd gained for a third straight session today. The stock is quoting at Rs 196.8, up 1% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 10921.15. The Sensex is at 36909.96, up 0.72%. Coal India Ltd has slipped around 4.51% in last one month.

 

Meanwhile, Nifty Metal index of which Coal India Ltd is a constituent, has slipped around 2.68% in last one month and is currently quoting at 2313.6, up 0.51% on the day. The volume in the stock stood at 114.07 lakh shares today, compared to the daily average of 119.02 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 196.85, up 1% on the day. Coal India Ltd is down 31.32% in last one year as compared to a 5.76% slide in NIFTY and a 37.15% slide in the Nifty Metal index.

The PE of the stock is 11.46 based on TTM earnings ending June 19.

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First Published: Sep 06 2019 | 1:06 PM IST

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