Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Coal India Ltd gained for a third straight session today. The stock is quoting at Rs 433.6, up 3.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 23558.9. The Sensex is at 75199.43, down 0.5%. Coal India Ltd has gained around 5.5% in last one month.
Meanwhile, Nifty Energy index of which Coal India Ltd is a constituent, has gained around 0.62% in last one month and is currently quoting at 38093.5, up 1.08% on the day. The volume in the stock stood at 180.05 lakh shares today, compared to the daily average of 98.66 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 434.65, up 3.37% on the day. Coal India Ltd is up 10.64% in last one year as compared to a 5.66% slide in NIFTY and a 11.54% slide in the Nifty Energy index.
The PE of the stock is 13.68 based on TTM earnings ending June 26.
As the monsoon loosens its grip, Northern Coalfields (NCL), one of Coal India's major coal-producing subsidiaries, is picking up pace across its mines, with coal production rising by 67% and supply by 75% as on 8 September 2026 in comparison to average of 01 to 03 September 2026.
NCL's total coal production for FY 2026-27 stood at 51.43 MT, while its supplies reached 55 MT till 8th Sept, marking a significant recovery from the operational challenges posed by heavy rainfall. Around 87% of NCL's total coal supplies are directed to the power sector.
The company's rake loading through Indian Railways increased to 41 rakes on 8 September 2026, compared with an average of 19 rakes per day during 01–03 September 2026. NCL's major coal supplies are directed to the power plants in Uttar Pradesh, Madhya Pradesh and Rajasthan.
The improving operational performance at NCL is in line with the broader objective of Coal India Limited (CIL) to maintain a robust and reliable coal supply chain for the Nation. With the monsoon receding, NCL is further intensifying efforts to maximise production, and strengthen evacuation by making optimal use of available resources. The focus is on converting improved mine conditions into higher production, faster dispatch and more dependable coal supplies.
The recovery has been supported by a series of measures on the ground. With mine accessibility improving, NCL has been able to move men, machinery and coal more efficiently. Priority restoration of internal roads has improved the movement of coal to Coal Handling Plants and railway sidings, while continuous dewatering has helped reopen mining areas affected by water accumulation.
NCL has also stepped-up engagement with road-based consumers, particularly power utilities, to increase the deployment of tippers and speed up coal lifting. At the same time, regular coordination with project teams, railway officials and consumers has been undertaken. This has helped bring greater synchronisation across the supply chain, from the mining face to the consumer.
At the CIL level, average daily coal production rose by 40%, from an average of 1.36 Million Tonne (MT) per day during the first three rain-affected days of September to 1.91 MT on 08 September 2026. The improvement in production is also driving higher dispatches, with coal supplies to the power sector showing an uptrend. Average daily despatches to the power sector rose by 27%, from an average of 1.37 MT per day during the first three days of September to 1.74 MT on 08 September 2026.
The improving trend in September provides a positive outlook for CIL's production and dispatch, with coal supplies to power plants gradually moving towards pre-monsoon levels.
Auto shares tumbled for the six consecutive trading sessions.
At 09:25 IST, the barometer index, the S&P BSE Sensex declined 490.11 points or 0.64% to 76,455.53. The Nifty 50 index tanked 181.05 points or 0.76% to 23,873.05.
In the broader market, the BSE 150 MidCap Index tumbled 0.89% and the BSE 250 SmallCap Index dropped 0.40%.
The market breadth was negative. On the BSE, 1,599 shares rose and 2,168 shares fell. A total of 250 shares were unchanged.
In the commodities market, Brent crude for the November 2026 settlement jumped 66 cents or 0.70% to $95.31 a barrel.
New Listing:
Shares of Annu Projects were currently trading at Rs 77 at 10:24 IST on the BSE, representing a discount of 22.22% as compared with the issue price of Rs 99
The stock debuted at Rs 75 on the BSE, a discount of 24.24% over its issue price.
So far, the stock has hit a high of Rs 78.74 and a low of Rs 71.25. On the BSE, over 5.81 lakh shares of the company were traded in the counter so far.
Buzzing Index:
The Nifty Auto index declined 2.14% to 27,882.20. The index plunged 4.57% in the six consecutive trading sessions.
Hero MotoCorp (down 4.37%), Eicher Motors (down 4.29%), Sona BLW Precision Forgings (down 3.8%), Bosch (down 3.71%), Bajaj Auto (down 3.06%), Samvardhana Motherson International (down 2.3%), Uno Minda (down 2.28%), TVS Motor Company (down 2.04%), Tube Investments of India (down 1.99%) and Mahindra & Mahindra (down 1.92%) tumbled.
Stocks in Spotlight:
Coal India rose 3.88% after the company reported a 5.50% increase in total coal supplies to 60.60 million tonnes (MT) in August FY27 from 57.40 MT in August FY26.
BEML fell 0.23%. The company announced that it has secured an additional order worth Rs 180.60 crore from Integral Coach Factory for manufacturing & supply of Vande Bharat (Sleeper) trainsets.
For the first five months of FY27 through August, total coal supplies increased 6.70% to 322.90 MT from 302.60 MT in the corresponding period of the previous year. The higher supplies enabled Coal India to liquidate around 55 MT of pithead coal stocks during the period. The company currently has approximately 76 MT of coal available at its pitheads.
With intense rainy spells gradually receding and drier months approaching, Coal India said it is preparing to ramp up production and supplies.
Separately, Coal India's provisional Single Window Mode Agnostic (SWMA) e-auction data showed that the company offered 210.66 lakh tonnes of coal in August 2026, of which 82.76 lakh tonnes was allocated, representing 39% of the quantity offered. The allocated quantity fetched an average premium of 59% over the notified price.
For April-August 2026, Coal India offered 1,291.66 lakh tonnes through e-auctions and allocated 477.40 lakh tonnes, representing 37% of the quantity offered. The allocated quantity recorded an average 46% increase over the notified price.
Among subsidiaries, Northern Coalfields (NCL) and North Eastern Coalfields (NEC) recorded 100% allocation of the quantity offered in August. South Eastern Coalfields (SECL) allocated 50%, Western Coalfields (WCL) 48%, Central Coalfields (CCL) 45%, Eastern Coalfields (ECL) 34%, Mahanadi Coalfields (MCL) 30% and Bharat Coking Coal (BCCL) 30%.
The e-auction figures are provisional, according to the company's filing dated 1 September 2026.
Coal India is India's largest coal producer and a Maharatna public sector undertaking. The company primarily engages in coal mining and production and supplies coal to power, steel, cement, fertilizer and other industrial sectors.
On a consolidated basis, Coal India's net profit rose 0.63% to Rs 8852.11 crore while net sales rose 7.77% to Rs 46254.80 crore in Q1 June 2026 over Q1 June 2025.
India Glycols Ltd, Coal India Ltd, Raymond Ltd and Redington Ltd are among the other gainers in the BSE's 'A' group today, 02 September 2026.
IFCI Ltd soared 8.12% to Rs 94.39 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 127.86 lakh shares were traded on the counter so far as against the average daily volumes of 22.94 lakh shares in the past one month.
India Glycols Ltd spiked 4.98% to Rs 241.3. The stock was the second biggest gainer in 'A' group. On the BSE, 13291 shares were traded on the counter so far as against the average daily volumes of 17844 shares in the past one month.
Coal India Ltd surged 4.19% to Rs 419.35. The stock was the third biggest gainer in 'A' group. On the BSE, 27.12 lakh shares were traded on the counter so far as against the average daily volumes of 21.78 lakh shares in the past one month.
Raymond Ltd jumped 4.08% to Rs 661. The stock was the fourth biggest gainer in 'A' group. On the BSE, 65498 shares were traded on the counter so far as against the average daily volumes of 30686 shares in the past one month.
Redington Ltd rose 3.94% to Rs 363.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 3.4 lakh shares were traded on the counter so far as against the average daily volumes of 5.29 lakh shares in the past one month.
The DRHP filing pertains to the proposed Initial Public Offering (IPO) of MCL, comprising an Offer for Sale of up to 661,836,300 equity shares having a face value of Rs 2 each, held by Coal India.
Coal India (CIL) increased its total coal supplies to 60.60 million tonnes (MT) in August FY 2026–27, registering a 5.50% growth over the 57.40 MT supplied during the corresponding month last year.
The company also recorded a 4.5% growth in coal supplies to the power sector during the month, reaching 48.46 MT, compared to 46.39 MT in August FY 2025–26.
Coal supplies to the non-regulated sector (NRS) also registered robust growth, increasing by 9.6% to 12.12 MT in August FY 2026–27 from 11.06 MT in August last year.
Coal India's total coal supplies during the first five months of FY 2026–27, till August, reached 322.90 MT, compared to 302.60 MT during the corresponding period of the previous year, registering a growth of 6.70%.
The higher supplies also enabled Coal India to liquidate around 55 MT of pithead coal stocks during the first five months of FY 2026–27. With approximately 76 MT of coal currently available at its pitheads, CIL has sufficient inventory to support power generation requirements in the coming months.
As the intense rainy spells gradually recede and drier months approach, the company is preparing itself to ramp up both production and supplies.