Coal India shares emerged as a top performer on the Nifty 50 on Wednesday, rising nearly 4% despite a broader market decline. Coal India shares rose on Wednesday after the state-run miner reported a 5.5% YoY rise in August coal supplies. Key points and original sources are listed below.
- Coal India shares emerged as a top performer on the Nifty 50 on Wednesday, rising nearly 4% despite a broader market decline. The stock touched around ₹420, lifting the state-owned coal producer’s market capitalisation close to ₹2.6 lakh crore.The rally follow...S1
- Coal India shares rose on Wednesday after the state-run miner reported a 5.5% YoY rise in August coal supplies. Strong April-August volumes, lower pithead inventories and improving e-auction premiums lifted sentiment. Nuvama upgraded the stock to Hold and rais...S2