−14% from the high · +14% from the low
Long unwinding into a 26-day expiry: futures OI −1.1% on a −1.1% day, the most call OI sits at 430, the most put OI at 430, max pain 425.
COALINDIA futures closed at ₹423.65, +0.8% to spot, with 98% of open interest in the 27 Oct contract, and the 420 straddle prices a move of about ±4.6% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹423.65 | +3.25+0.8% | +11% | 66,000▼ −1.1% · −760 lots | 98 | 7,500 |
| 23 Nov53 days | ₹425.80 | +5.40+1.3% | +8.8% | 1,200▲ +2.9% · +34 lots | 1.8 | 150 |
| 29 Dec89 days | ₹427.65 | +7.25+1.7% | +7.1% | 15▲ +66.7% · +6.0 lots | 0.02 | 21 |
1.8% of futures OI sits beyond the 27 Oct contract · 39 of 53 listed contracts traded · 51,000 option contracts changed hands
The 420 straddle closed at ₹19.40 (call 11.55 + put 7.85), pricing a move of about ±4.6% by the 27 Oct expiry. In the last 253 windows of 19 sessions, COALINDIA moved more than that 86 times.
After the last 8 bulletins, COALINDIA closed higher five sessions later in 6 of 8.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 23 SeptCoal India shares rise 3% after Morgan Stanley upgrade | ▼ −0.8%Nifty +0.5% · −1.3 pp | ▼ −1.4%Nifty −1.1% · −0.3 pp | ▼ −0.7%Nifty −3.0% · +2.3 pp | ▼ −1.2%long unwinding |
| 22 SeptMorgan Stanley upgrades Coal India target price by 14% | ▼ −0.8%Nifty +0.5% · −1.3 pp | ▼ −1.4%Nifty −1.1% · −0.3 pp | ▼ −0.7%Nifty −3.0% · +2.3 pp | ▼ −1.2%long unwinding |
| 18 SeptCoal India valuation signals price attractiveness amid volatility | ▲ +1.2%Nifty +0.3% · +0.9 pp | ▲ +4.4%Nifty −0.1% · +4.5 pp | ▲ +3.1%Nifty −2.4% · +5.5 pp | ▼ −0.4%short covering |
| 18 SeptCoal India and Cochin Shipyard launch BESS tenders | ▼ −1.9%Nifty +0.3% · −2.3 pp | ▼ −0.8%Nifty +0.6% · −1.4 pp | ▲ +1.9%Nifty −0.6% · +2.5 pp | ▲ +0.5%short build-up |
| 17 SeptCoal India and Cochin Shipyard launch BESS tenders | ▼ −1.9%Nifty +0.3% · −2.3 pp | ▼ −0.8%Nifty +0.6% · −1.4 pp | ▲ +1.9%Nifty −0.6% · +2.5 pp | ▲ +0.5%short build-up |
| 29 JulCoal India reports 16.64% rise in Q1 capex to ₹3,399 crore | ▲ +1.7%Nifty +0.3% · +1.5 pp | ▲ +1.0%Nifty +0.6% · +0.5 pp | ▲ +1.4%Nifty +1.6% · −0.2 pp | ▲ +6.8%long build-up |
| 29 JulCoal India Q1 capex rises 17% to ₹3,399 crore | 0.0%Nifty +1.1% · −1.1 pp | ▲ +1.7%Nifty +1.4% · +0.3 pp | ▲ +1.3%Nifty +2.7% · −1.4 pp | ▲ +2.5%short build-up |
| 28 JulCoal India Q1 profit flat as costs rise 27% | 0.0%Nifty +1.1% · −1.1 pp | ▲ +1.7%Nifty +1.4% · +0.3 pp | ▲ +1.3%Nifty +2.7% · −1.4 pp | ▲ +2.5%short build-up |
Revenue ₹46,255 cr, +29% on a year earlier; profit ₹8,850 cr, +1.3% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 27 Jul | ₹46,255 cr | ▲ +29% | ₹8,850 cr | ▲ +1.3% | 14.36 | ▼ −4.1%Nifty 0.0% · −4.0 pp |
| Mar 2026filed 27 Apr · audited | ₹46,490 cr | ▲ +23% | ₹10,908 cr | ▲ +14% | 17.59 | ▲ +3.2%Nifty −0.4% · +3.6 pp |
| Dec 2025filed 12 Feb | ₹34,924 cr | ▼ −2.4% | ₹7,166 cr | ▼ −16% | 11.61 | ▼ −2.4%Nifty −1.3% · −1.1 pp |
| Sept 2025filed 29 Oct | ₹30,187 cr | ▼ −1.6% | ₹4,263 cr | ▼ −32% | 7.07 | ▼ −2.4%Nifty +0.5% · −2.9 pp |
| Jun 2025filed 31 Jul | ₹35,842 cr | ▼ −1.7% | ₹8,734 cr | ▼ −20% | 14.19 | ▼ −1.0%Nifty −0.8% · −0.2 pp |
| Mar 2025filed 7 May · audited | ₹37,825 cr | ▲ +1.1% | ₹9,593 cr | ▲ +11% | 15.58 | ▲ +0.6%Nifty −0.6% · +1.1 pp |
| Dec 2024filed 27 Jan | ₹35,780 cr | ▼ −1.0% | ₹8,491 cr | ▼ −6.6% | 13.80 | ▼ −1.4%Nifty +0.6% · −1.9 pp |
| Sept 2024filed 25 Oct | ₹30,673 cr | ▼ −6.4% | ₹6,275 cr | ▼ −7.9% | 10.21 | ▼ −4.2%Nifty +0.7% · −4.9 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹1,47,443 cr | ▲ +4.8% | ₹31,071 cr | ▼ −12% | 50.46 |
| FY25to Mar 2025 | ₹1,40,742 cr | ▼ −1.1% | ₹35,302 cr | ▲ +8.7% | 57.37 |
| FY24to Mar 2024 | ₹1,42,324 cr | — | ₹32,489 cr | — | 52.77 |
COALINDIA trades at 8.3 times trailing earnings, 2.1 times book value, revenue +13% over twelve months, a 13% dividend yield, market cap ₹2,60,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| COALINDIACoal India Limited | 2,60,000 cron 1 Oct | 8.3consolidated | 2.1 | ₹420.40 |
| BHARATCOALBharat Coking Coal Limited | 15,000 cron 1 Oct | — | 2.6 | ₹31.75 |
| SINDHUTRADSindhu Trade Links Limited | 3,400 cron 1 Oct | — | 1.5 | ₹22.25 |
| CMLLCaliber Mining and Logistics Limited | 3,400 cron 1 Oct | — | — | ₹523.05 |
Promoters hold 61.1%, foreign portfolio investors 10.4%, mutual funds 9.9% and insurance companies 11.4%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 61.13▼ −2.00 pp | 63.130.00 pp | 63.130.00 pp | 63.130.00 pp | 63.13 |
| Foreign portfolio investors | 10.37▲ +1.99 pp | 8.38▲ +0.16 pp | 8.22▲ +0.26 pp | 7.96▼ −0.20 pp | 8.16 |
| Mutual funds | 9.93▲ +0.40 pp | 9.53▲ +0.49 pp | 9.04▼ −1.02 pp | 10.06▼ −0.58 pp | 10.64 |
| Insurance companies | 11.40▼ −0.98 pp | 12.38▼ −0.56 pp | 12.94▲ +0.84 pp | 12.10▲ +0.86 pp | 11.24 |
| Banks and financial institutions | 0.87▲ +0.02 pp | 0.85▲ +0.30 pp | 0.55▼ −0.09 pp | 0.64▼ −0.14 pp | 0.78 |
| Individual investors | 4.59▲ +0.01 pp | 4.58▼ −0.44 pp | 5.02▼ −0.01 pp | 5.03▲ +0.04 pp | 4.99 |
| Bodies corporate | 0.99▲ +0.18 pp | 0.81▲ +0.08 pp | 0.73▲ +0.01 pp | 0.720.00 pp | 0.72 |
| Government | 0.100.00 pp | 0.10▼ −0.03 pp | 0.13▲ +0.01 pp | 0.120.00 pp | 0.12 |
| Others | 0.62▲ +0.38 pp | 0.240.00 pp | 0.240.00 pp | 0.24▲ +0.02 pp | 0.22 |
Nothing upcoming on record; the last was a dividend of ₹5.25 a share, ex-date 4 Sept 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 4 Sept 2026 | dividend | ₹5.25 | 4 Sept 2026 | BSE |
| 31 Jul 2026 | dividend | ₹5.50 | 31 Jul 2026 | NSE |
| 18 Feb 2026 | dividend | ₹5.50 | 18 Feb 2026 | BSE |
| 4 Nov 2025 | dividend | ₹10.25 | 4 Nov 2025 | BSE |
| 21 Aug 2025 | dividend | ₹5.15 | 21 Aug 2025 | NSE |
| 6 Aug 2025 | dividend | ₹5.50 | 6 Aug 2025 | BSE |
| 31 Jan 2025 | dividend | ₹5.60 | 31 Jan 2025 | NSE |
| 5 Nov 2024 | dividend | ₹15.75 | 5 Nov 2024 | BSE |
COALINDIA is +0.6% over 20 sessions against Nifty's −6.2%, 14% below its 52-week high, realised volatility 21% annualised.
| Window | From ₹ | COALINDIA % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹389.15 | ▲ +8.0% | ▼ −9.1% | +17 |
| 120 sessionssince 9 Apr | ₹454.09 | ▼ −7.4% | ▼ −5.7% | −1.7 |
| 60 sessionssince 8 Jul | ₹429.07 | ▼ −2.0% | ▼ −6.1% | +4.1 |
| 20 sessionssince 2 Sept | ₹417.85 | ▲ +0.61% | ▼ −6.2% | +6.9 |
| 5 sessionssince 24 Sept | ₹422.00 | ▼ −0.38% | ▼ −2.8% | +2.4 |
| 1 sessionsince 30 Sept | ₹424.99 | ▼ −1.1% | ▼ −0.88% | −0.20 |
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