Home CIL & SCCL CIL up for third consecutive session

CIL up for third consecutive session

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Coal India Ltd is quoted at Rs 127.85, up 2.12 per cent on the day as at 12:54 IST on the NSE. Stocks are down 47.62 percent in the last year compared to a 23.64 percent slide in the NIFTY and a 40.58 percent slide in the Nifty Metal Index.

Coal India Ltd is expected to hold a third consecutive session today. Stock is quoted at Rs 127.85, up 2.12 per cent on the day as at 12:54 IST on the NSE. The NIFTY benchmark is up by about 0.73 per cent on a day, at 9105.4. Sensex is at 30866.38, up by 0.63 per cent. Coal India Ltd has dropped about 7.42% in the last month.

Meanwhile, the Nifty Metal Index, of which Coal India Ltd is a constituent, has dropped by about 5.74 per cent in the last one month and currently stands at 1710.45, up 3.03 per cent on the day. Today, the stock volume stood at 39.79 lakh shares, compared to the daily average of 91.38 lakh shares in the last month.

The May Futures Stock Benchmark is quoted at Rs 127.35, up 1.88 per cent on the day. Coal India Ltd has fallen 47.62 percent in the last year, compared to a 23.64 percent slide in NIFTY and a 40.58 percent slide in the Nifty Metal Index.

The portfolio PE is 15.53 based on TTM earnings at the end of December 19.