INDIA MARKET LENS
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Can Coal India’s higher realizations sustain its stock recovery?

Coal India moved lower.

· LiveMint Markets

Coal India’s higher e-auction premiums and tighter coal inventories are supporting realizations, but rising production and falling e-auction volumes could test the recovery.

Against that, the stock is -1.7% on the day at ₹407.60, and has returned -5.3% over three months. It sits 15% below its 52-week high. The oil & energy sector has moved -0.3% over the same period, so Coal India is running 5.0 points behind its peers.

For Coal India, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • The company directly in focus is COALINDIA.
  • Sector exposure: Oil & Energy.
COALINDIAOil & Energy