Coal India Ltd. Hits Intraday High with 3.02% Surge on 29 Jan 2026

Intraday Price Movement and Trading Activity

On 29 January 2026, Coal India Ltd. (Stock ID: 421555) recorded a significant intraday rally, touching a new 52-week high of Rs 459. This represented a 3.32% rise from its previous close, outperforming the broader Sensex, which gained 0.3% on the day. The stock’s day change stood at 3.02%, reflecting strong buying interest throughout the trading session.

The stock has been on a positive trajectory for the past three consecutive days, accumulating returns of 9.21% over this period. This sustained upward momentum is supported by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a strong technical position.

Coal India’s performance today was broadly in line with the Minerals & Mining sector, which advanced by 3.31%. The sector’s gains were led by robust demand and positive market sentiment towards mining stocks, contributing to Coal India’s intraday strength.

Market Context and Comparative Performance

The broader market environment on 29 January 2026 saw the Sensex open flat, with a marginal change of 24.28 points, before climbing 220.66 points to close at 82,589.62. Despite this rise, the Sensex remains 4.32% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself remains above the 200-day moving average, indicating a mixed technical outlook for the benchmark index.

Coal India’s one-day gain of 3.21% notably outpaced the Sensex’s 0.31% rise, underscoring the stock’s relative strength. Over longer timeframes, Coal India has consistently outperformed the benchmark. Its one-week return stands at 8.37% compared to the Sensex’s 0.36%, while the one-month and three-month returns are 14.48% and 20.01% respectively, against negative returns for the Sensex over the same periods.

Year-to-date, Coal India has delivered a 14.87% gain, contrasting with the Sensex’s decline of 3.07%. Over a three-year horizon, the stock has surged by 106.11%, significantly outperforming the Sensex’s 39.22% gain. Even over five and ten years, Coal India’s returns of 263.74% and 43.26% respectively highlight its long-term growth trajectory relative to the benchmark.

Valuation and Dividend Yield

Coal India currently offers a high dividend yield of 5.99% at the prevailing price level, making it an attractive option for income-focused investors. The company’s market capitalisation grade is rated as 1, indicating its status as a large-cap entity within the Minerals & Mining sector.

The stock’s Mojo Score stands at 74.0, reflecting a positive overall assessment. This score is accompanied by a Mojo Grade upgrade from Hold to Buy, effective from 27 January 2026, signalling improved market sentiment and technical strength.

Sector and Market Leadership

The Minerals & Mining sector’s 3.31% gain today was supported by strong performances from key constituents, with Coal India among the leaders. The broader market’s advance was driven by mega-cap stocks, which helped the Sensex register a 0.3% gain. Coal India’s outperformance relative to the benchmark and sector highlights its prominent role within the mining space.

Trading volumes and price action indicate sustained investor interest in Coal India, with the stock maintaining momentum above critical moving averages. This technical positioning suggests continued strength in the near term, supported by sectoral tailwinds and dividend attractiveness.

Summary of Recent Performance Metrics

Coal India’s recent performance metrics underscore its strong market position. The stock’s consistent gains over multiple timeframes, combined with a high dividend yield and a recent upgrade in Mojo Grade, reflect a favourable technical and fundamental profile. The intraday high of Rs 459 on 29 January 2026 marks a continuation of this positive trend, supported by sectoral strength and broader market dynamics.

While the Sensex remains below its 50-day moving average, Coal India’s ability to trade above all major moving averages highlights its resilience and leadership within the Minerals & Mining sector. The stock’s outperformance relative to the benchmark across one day, one week, one month, and longer periods further emphasises its robust market standing.

Conclusion

Coal India Ltd.’s strong intraday performance on 29 January 2026, culminating in a new 52-week high of Rs 459, reflects a combination of favourable sectoral trends, technical strength, and attractive dividend yield. The stock’s sustained gains over recent days and its position above key moving averages indicate continued momentum. This performance stands out amid a market environment where the Sensex posted moderate gains, underscoring Coal India’s relative strength within the Minerals & Mining sector.

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