Coal India share are down by -0.25%, Nifty down by -0.32%

Coal India Share Price Today on : At 18 Sep 15:00 today, Coal India shares are trading at price ₹487.25, -0.25% down from the previous closing price. Sensex is trading at ₹82949.2, down by -0.16%. The stock has hit a high of ₹493.45 and a low of ₹486.5 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 ₹492.95, ₹497.6, & ₹500.3, whereas it has key support levels at ₹485.6, ₹482.9, & ₹478.25.

Till 3 PM today, the volume traded on NSE & BSE for Coal India was -58.54% 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 9.66% 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 -0.25% today to trade at ₹487.25 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 -0.32% & -0.16% each respectively.