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Coal India Ltd rises for third consecutive session

  • bitnet infotech
  • December 31, 2019
  • 8:34 am

coal India Ltd gained for a third straight session today. The stock is quoting at Rs 209.7, up 1.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 12217.2. The Sensex is at 41419.64, down 0.33%. Coal India Ltd has risen around 1.87% in last one month.

Meanwhile, Nifty Metal index of which Coal India Ltd is a constituent, has risen around 6.5% in last one month and is currently quoting at 2796.5, up 0.26% on the day. The volume in the stock stood at 57.82 lakh shares today, compared to the daily average of 50.46 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 206.05, up 1.55% on the day. Coal India Ltd is down 13.17% in last one year as compared to a 11.98% spurt in NIFTY and a 10.57% spurt in the Nifty Metal index.

The PE of the stock is 12.71 based on TTM earnings ending September 19.

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