Coal India Ltd. Hits All-Time High, Offers High Dividend Yield and Strong Performance

Feb 07 2024 09:20 AM IST
share
Share Via
Coal India Ltd., the largest coal mining company in India, has been making headlines as its stock price reached an all-time high on February 7th, 2024. The stock has shown a consecutive gain for the last 6 days and a 12.99% increase in returns. It is currently trading higher than its moving averages and offers a high dividend yield. With a remarkable 1-year performance and a positive outlook, Coal India Ltd. is a promising investment option in the largecap segment.

Coal India Ltd., the largest coal mining company in India, has been making headlines recently as its stock price reached an all-time high on February 7th, 2024. This news has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been performing well, with a consecutive gain for the last 6 days and a 12.99% increase in returns during this period. Today, the stock opened at Rs. 454.9, which is also its new 52-week high. This performance is in line with the overall sector.

Coal India Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's price. Additionally, the company offers a high dividend yield of 5.48% at the current price.

In comparison to the Sensex, Coal India Ltd. has shown a remarkable 1-year performance of 107.92%, while the Sensex has only grown by 20.18%. This further highlights the strong performance of the company in the mining and minerals industry.

With its consistent growth and positive outlook, Coal India Ltd. is a promising investment option for those looking to invest in the largecap segment. As the company continues to expand and strengthen its position in the market, it is expected to deliver even better returns in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News