Coal India share price ends at ₹418; stock declines 1.01% on September 17

Key Takeaways

• Coal India ended at ₹418 after falling ₹4.25 or 1.01%, only ₹1 above the session low of ₹417. 
• The stock finished close to its 50-day DMA of ₹420.20, while the 100-day and 200-day averages were ₹426.50 and ₹425.50. 
• The one-month return remained positive at 2.68%, even as the three-month and six-month readings stood at -7.31% and -9.19%. 

Only ₹6 separated Coal India's displayed high and low on September 17. The stock traded between ₹417 and ₹423 before finishing at ₹418, placing the close just ₹1 above the lower end of that narrow band. Coal India share price declined ₹4.25, or 1.01%, for the session. It had opened at ₹421 after a previous close of ₹422. 

The 50-day DMA was particularly close to the final price. At ₹420.20, it stood only ₹2.20 above the ₹418 close. The 100-day DMA was ₹426.50 and the 200-day measure ₹425.50, leaving gaps of ₹8.50 and ₹7.50, respectively. All three moving averages therefore remained above the September 17 closing level, although none was more than ₹9 away. 

Volume came in at 3,555,109 shares. Coal India's market capitalisation stood at ₹2,57,602 crore. The 52-week trading range extended from ₹370 to ₹491. The latest price was ₹48 above the annual low and ₹73 below the 52-week high. 

Performance readings differed markedly by time window. Coal India carried a positive one-month return of 2.68%, while the three-month return was -7.31%. Six-month performance was -9.19%. The one-year reading returned to positive territory at 5.61%. This left the shortest and longest periods positive, with the two intermediate periods negative. 

September 17 itself was a relatively contained session. The opening price of ₹421 was only ₹1 below the rounded previous close, and the stock's entire displayed range covered ₹6. It ended near the low rather than recovering to the ₹423 high. In absolute terms, the final price was also close to all three cited moving averages. The 52-week span was considerably wider at ₹121, and the ₹418 close sat between those annual endpoints with less distance to the high than to the low. Volume above 3.5 million shares accompanied the day's 1.01% decline.