Coal India share price closes at ₹422; September 24 stock price update

Key Takeaways

• Coal India ended at ₹422, down ₹2.55 or 0.60%, and closed at exactly the same displayed price at which it opened. 
• The stock finished ₹2 above its 50-day DMA of ₹420, while its 100-day and 200-day DMAs were slightly higher at ₹425.80 and ₹425.20. 
• One-month and one-year returns were positive at 4.15% and 7.09%, while three-month and six-month performance remained negative. 

Coal India share price finished September 24 at ₹422, down ₹2.55 or 0.60%. The previous close was ₹425. The stock also opened at ₹422, reached a high of ₹424 and traded down to ₹419. Only ₹5 separated the day’s high and low, while the closing price sat ₹3 above the lower end and ₹2 below the high. 

The matching opening and closing prices were a distinct feature of the session. Volume reached 3,648,329 shares, and market capitalisation stood at ₹260,067 crore. The day’s range was relatively narrow in rupee terms, with all three displayed session levels between ₹419 and ₹424. 

Coal India’s moving averages were also closely grouped around the close. The 50-day DMA was ₹420, placing the closing price ₹2 above it. The 100-day DMA stood at ₹425.80 and the 200-day DMA at ₹425.20, which were ₹3.80 and ₹3.20 above the finish. Only ₹5.80 separated the lowest and highest of the three average levels. 

The 52-week price range extended from ₹370 to ₹491. At ₹422, the stock closed ₹52 above the annual low and ₹69 below the annual high. The full 52-week high-low difference was ₹121, compared with just ₹5 for September 24. 

Returns varied between positive and negative readings. The one-month return stood at 4.15%, but three months was -5.03% and six months -7.30%. The one-year return returned to positive territory at 7.09%. There were 14.39 percentage points between the weakest six-month figure and the strongest one-year reading. 

The close was within ₹3.80 of each of the three displayed moving averages, making them unusually tight reference levels relative to the session price. The 100-day and 200-day DMAs were themselves only ₹0.60 apart. At the daily level, the opening and closing prices were identical, while ₹5 covered the entire high-low range.