INDIA MARKET LENS
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Coal India Q2 Coal Supplies Jump 12%, Power Sector Dispatches Rise 11%

Coal India moved higher in a quarterly results development.

· NDTV Profit, BS Companies

Coal India’s supplies to the power sector rose 10.63% year-on-year to 48.90 MT in September from 44.20 MT.

Coal India reported movement of 12%, 11% and 10.63%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

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.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is COALINDIA.
  • Sector exposure: Oil & Energy, Power.
  • The immediate tone of coverage reads positive.
COALINDIAOil & EnergyPower