Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “I am still positive on Coal India, it is up half percent. If in the next two-three days it consolidates or even dips a little that becomes a buying opportunity. I am upbeat on Coal India. Like Bharti Airtel it is also building a base, that process takes time but there is only a single directional trade, buy it.”
Coal India touched its 52-week high Rs 386.00 and 52-week low Rs 291.20 on 17 September, 2012 and 19 March, 2013, respectively. Currently, it is trading 15.13 percent below its 52-week high and 12.5 percent above its 52-week low. Market capitalisation stands at Rs 206,924.10 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!