Coal India Share Price Slumps in Trading Today, Showing a 1.77% Decrease.

Rajesh
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Date: 02-08-2023,  Time: 11:26 AM

Live Updates: In today's trading session, Coal India witnessed a decline in its share price, continuing the recent market volatility. The stock opened at ₹230 and closed at ₹229.2, recording a day's high of ₹241.5 and a low of ₹229. The market capitalization of Coal India stands at a substantial ₹148,121.22 crore, indicating its prominence in the market.

Coal India

52-Week High and Low: Coal India's 52-week high is marked at ₹263.3, while its 52-week low stands at ₹205.5. These figures signify the stock's price fluctuation over the past year and indicate the range within which it has traded during this period.

Trading Volume: On the BSE (Bombay Stock Exchange), Coal India recorded a trading volume of 950,523 shares. This high trading volume reflects the active interest of investors in the stock, making it one of the noteworthy trades of the day.

Latest Stock Data (Time 11:05 AM Update):

As of the latest update, the current stock price of Coal India stands at ₹236.1, representing a decrease of -1.77%. The net change in the stock price is -4.25, indicating a negative shift in its value. This suggests that the stock has experienced a drop of 1.77%, resulting in a net decrease of 4.25 from its previous value.

The decrease in Coal India's share price comes amid a challenging market environment, where investors are closely monitoring economic indicators and global developments that impact the energy sector. As one of India's leading coal mining companies, Coal India's performance remains subject to various factors like energy demands, regulatory policies, and international market trends.

It's essential for investors to remain cautious and well-informed while making decisions during such volatile times. Consulting with financial experts and conducting thorough research can help investors navigate through uncertainties and make informed choices.

Please note that stock prices are subject to change continuously as trading progresses throughout the day. Investors are advised to keep a close eye on market updates and exercise prudence while making any investment decisions.

Disclaimer: 

This article is for informational purposes only and should not be considered as financial advice. Investing in the stock market involves risks, and past performance does not guarantee future results. Always consult with a qualified financial advisor before making any investment decisions.

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