Coal India shares experienced a decline of 2.21% intraday, reaching Rs 227.15 compared to the previous day’s closing price of Rs 232.30 on the BSE. The stock began the day at a lower rate of Rs 229.15.
The company announced a final dividend of Rs 4 per share during the Q4 and annual earnings announcement in May 2023.
– The stock is trading ex-dividend on Friday, August 18.
– In the current session, the stock fell 2.21% intraday to Rs 227.15 compared to the previous close of Rs 232.30 on BSE.
– The stock opened lower at Rs 229.15 on BSE.
– The market cap of the firm slipped to Rs 1.40 lakh crore on BSE.
– Over the past two years, the stock has risen by 64.72%, and over the past three years, it has gained 66.76%.
– The stock hit a 52-week high of Rs 263.30 on November 9, 2022, and a 52-week low of Rs 207.70 on March 27, 2023.
Here are some key points about Coal India stock:
1. Relative Strength Index (RSI): The RSI of 50.2 indicates that the stock is trading neither in the overbought nor oversold zone. This suggests that the stock’s price movement is currently fairly balanced.
2. Beta: With a beta of 0.6, Coal India stock is considered to have low volatility compared to the overall market. This means that the stock tends to be less sensitive to market fluctuations.
3. 1-Year Performance: Coal India shares have shown a positive performance, climbing 2.84% in the past year. This indicates a modest upward trend in the stock’s price over this period.
4. Trading Volume: A total of 2.37 lakh shares of Coal India changed hands on BSE, resulting in a turnover of Rs 5.40 crore. This indicates the level of investor interest and trading activity for the stock.
