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Coal India Share Price Today on : At 18 Sep 16:00 today, Coal India shares are trading at price 486.85, -0.33% down from the previous closing price. Sensex is trading at 82948.23, down by -0.16%. The stock has hit a high of 493.45 and a low of 486.2 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 491.33, 496.02, & 498.58, whereas it has key support levels at 484.08, 481.52, & 476.83.

Till 4 PM today, the volume traded on NSE & BSE for Coal India was -55.99% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock’s continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 52.10% .The current P/E of the stock is at 7.45 .

The median 1-year forecasted upside in this share is at 9.75% with a target price of 534.32.

The company has a 63.13% promoter holding, 11.52% MF holding, & 8.39% FII holding as per filings in the june quarter.

The MF holding has decreased from 11.70% in march to 11.52% in the june quarter.

The FII holding has decreased from 8.41% in march to 8.39% in the june quarter.

Coal India share price down -0.33% today to trade at 486.85 while its peers are mixed. Its peers such as are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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