In this article, you will find the details of Coal India Share Price History. Additionally, we will provide important fundamental details about Coal India Shares.
Coal India Share Price History
| Year | Coal India | YOY Change% |
|---|---|---|
| 2010 | ₹314.75 | – |
| 2011 | ₹300.65 | -4.5% |
| 2012 | ₹354.80 | 18% |
| 2013 | ₹290.00 | -18.3% |
| 2014 | ₹383.85 | 32.3% |
| 2015 | ₹329.80 | -14.1% |
| 2016 | ₹300.00 | -9.1% |
| 2017 | ₹262.95 | -12.4% |
| 2018 | ₹240.75 | -8.5% |
| 2019 | ₹211.35 | -12.3% |
| 2020 | ₹135.45 | -36% |
| 2021 | ₹146.05 | 7.8% |
| 2022 | ₹225.05 | 54% |
| 2023 | ₹316.55 | 40.6% |
Coal India, one of the world’s largest coal mining companies, has seen its stock price journey through various ups and downs over the past decade. In 2010, the company’s stock was valued at ₹314.75, and it witnessed fluctuations in subsequent years. Notably, there was a period of decline from 2013 to 2020, with the stock price dropping from ₹290.00 to ₹135.45, a significant 36% decrease. This decline can be attributed to various factors, including changes in coal demand, regulatory challenges, and environmental concerns.
However, the company’s stock started showing signs of recovery in 2021, with the stock price rising to ₹146.05 and increasing to ₹316.55 in 2023, marking a 40.6% increase. This rebound can be associated with improved coal demand, strategic initiatives by the company, and a positive outlook for the coal industry. As Coal India continues to adapt to changing market dynamics and environmental considerations, its stock performance remains subject to various external factors, making it a notable player in the energy sector of India.
This journey of Coal India’s stock price reflects the dynamic nature of the coal industry, which is influenced by internal operational factors and external market forces. The company’s ability to navigate these challenges and capitalize on opportunities will determine its future stock performance.
Also Read: Bandhan Bank Share Price History
About Coal India
Coal India, the biggest coal mining company in the world, recreates an essential part of India’s energy landscape. With its roots dating back to 1975, the company is responsible for most coal production in India, a country heavily reliant on coal for power generation and industrial use. Coal India’s vast network of coal mines and subsidiaries ensures a steady supply of coal to fuel the nation’s energy needs.
As a state-owned enterprise, Coal India operates under the guidance of the Indian government, emphasizing responsible mining practices and environmental sustainability. The company faces the dual challenge of meeting India’s growing energy demands while striving to reduce the environmental impact of coal mining.
This necessitates ongoing investments in technology and infrastructure to improve efficiency and minimize ecological footprints. Moreover, the company is also focusing on diversifying its energy portfolio to include cleaner sources, such as renewable energy, as part of its commitment to a more sustainable and balanced energy future for India.
Coal India’s impact extends beyond the energy sector, as it plays a crucial role in the nation’s economic development and job creation, especially in coal-rich regions. With its commitment to responsible mining, environmental conservation, and energy diversification, Coal India stands at the crossroads of India’s energy transition, addressing the nation’s energy needs while working towards a more sustainable and eco-friendly future.
Fundamentals of Coal India
Here are some primary fundamental data about Coal India (until 2023):
Market Capitalization: With a substantial market capitalization of ₹1,94,064 Crores, this company holds a significant position in the stock market. A high market cap indicates that the company is well-established and has a substantial presence in its industry.
Price-to-Earnings Ratio (P/E): The stock’s P/E ratio is 7.13. This ratio calculates the stock’s valuation, showing the price investors are glad to pay for each rupee of earnings. A lower P/E may suggest that the stock is undervalued.
Book Value: The book value per share is ₹92.9. It represents the intrinsic value of each share, calculated based on the company’s assets and liabilities.
Dividend Yield: The dividend yield is a generous 7.70%. This percentage reflects the annual dividend income an investor can expect to receive in proportion to the stock’s current market price. A higher dividend yield can be attractive to income-seeking investors.
Return on Capital Employed (ROCE): The company boasts an impressive ROCE of 70.5%. ROCE measures the efficiency of capital utilization and indicates how well the company generates returns on its invested capital.
Return on Equity (ROE): With an ROE of 56.0%, this company can generate profit relative to shareholders’ equity. A high ROE suggests effective management of shareholders’ investments.
Face Value: The face value of the company’s shares is ₹10. This value is a nominal amount assigned to the shares and has no direct relation to their market price.
Earnings Per Share (EPS): The company’s EPS is ₹44.3. It indicates the portion of the company’s profit attributed to each outstanding share and is an essential metric for investors.
Debt: The company carries a debt of ₹4,331 Crores. This figure reveals the company’s financial obligations, and a lower debt level can signify more robust financial stability.
Promoter Holding: Promoters hold a significant 63.1% stake in the company. A high promoter holding can signify their confidence in the company’s performance and prospects.
Price-to-Book Value (P/B): The P/B ratio stands at 3.40. This ratio compares the stock’s market price to its book value, indicating whether it is overvalued or undervalued.
Debt-to-Equity Ratio: With a debt-to-equity ratio of 0.08, the company appears to have a conservative approach to debt management, which can enhance its financial stability.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)
Questions and Answers about Coal India
What was the Coal India share price in 2010?
Coal India share price in 2010 was ₹314.75.
What was the Coal India share price in 2020?
Coal India share price in 2010 was ₹135.45.
What is the Coal India share price in 2023?
Coal India share price in 2023 is ₹316.55.
What is Coal India’s primary business?
Coal India is primarily engaged in the mining and production of coal. It is the largest coal mining company in the world and plays a crucial role in meeting India’s energy needs.
How does Coal India impact India’s energy sector?
Coal India’s coal production significantly contributes to India’s energy sector, providing coal for power generation and industrial use. It is pivotal in ensuring a steady coal supply for the country’s energy requirements.