10 hrs ago
Coal India Shares Surge Over 4% Despite Weak Market Sentiment
Coal India’s share price went up sharply on Wednesday, 2 September.
It rose by more than 4% soon after trading began.
The stock started at ₹405.25.
It later reached ₹419.30.
Around 9:25 a.m., it was still nearly 4% higher at ₹418.30.
This happened even though the wider Sensex market index was falling.
The Sensex was down 0.88% at that time.
The report does not yet explain what specifically caused Coal India’s rise, and the story is still developing.
Coal India shares rose more than 4% in early trading on Wednesday, 2 September.
The stock opened at ₹405.25, compared with its previous close of ₹402.50.
It reached an intraday high of ₹419.30, representing a 4.2% gain.
Around 9:25 a.m., Coal India was trading nearly 4% higher at ₹418.30.
The Sensex was down 0.88% at 76,267 at the same time, while the report did not identify the rally’s specific catalyst.
- Who
- Coal India and investors trading its shares.
- What
- Coal India’s share price rose more than 4% in early trading.
- Where
- On the BSE.
- When
- Wednesday, 2 September; the cited update was around 9:25 a.m.
- Why
- The report does not specify the reason for the rally and says the story is developing.
Key facts
- Company
- Coal India
- Previous close
- ₹402.50
- Opening price
- ₹405.25
- Intraday high
- ₹419.30
- Early gain
- 4.2%
- Price around 9:25 a.m.
- ₹418.30, nearly 4% higher
- Sensex performance
- Down 0.88% at 76,267
Sources
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