The stock hit 52-week high of Rs 274.30 today. The counter has soared 31.87% from its 52-week low of Rs 207.70 hit on 27 March 2023.

On the BSE, 65.92 lakh shares were traded in the counter so far compared with average daily volumes of 6.20 lakh shares in the past two weeks.

The scrip had outperformed the market in past one month, advancing 17.63% as against 0.46% increase in Sensex.

The scrip outperformed the market in past one quarter, jumping 18.75% as against Sensex's 4.93% rise.

The counter had outperformed the market in past one year, rising 14.72% as against Sensex's 12.24% surge.

On the technical front, the stock's daily RSI (relative strength index) stood at 84.488. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 233.53, 233.45 and 227.36, respectively. These levels will act as crucial support zones in near term.

Coal India is a coal mining company engaged in the production and sale of coal. As of 30 June 2023, the Government of India held 66.13% stake in the company.

The company's consolidated net profit fell 9.8% to Rs 7,971.04 crore despite of 1.8% rise in net sales to Rs 33,072.64 crore in Q1 FY24 over Q1 FY23.