NSE: COALINDIA · 6 October 2026
- Coal India Ltd shares fell 3.16% on Tuesday, closing at ₹411.65 after moving within a day's range of ₹410.60 and ₹426.95.
- Coal India released its provisional production and off-take performance for September 2026, reporting total coal production of 53.50 million tonnes, representing a 9.18% growth over the corresponding period last year. Total coal supplies during the month reached 61.20 million tonnes, up 12.5% year-on-year, driven by rising power sector demand. For the April-September period, cumulative off-take stood at 384.2 million tonnes.
- Trading volume was 0.80 times the 20-day average daily volume.
Why is Coal India share price falling on 6 October 2026?
Coal India Ltd shares fell 3.16% on Tuesday, closing at ₹411.65 after moving within a day's range of ₹410.60 and ₹426.95.
The broader market benchmark Nifty rose 0.98% during the trading session, highlighting a clear divergence as Coal India underperformed both the headline index and the broader sector backdrop amidst ongoing short-term downward momentum, bringing its 5-day return to -3.14% and its 20-day return to -2.05%.
Recent operational updates from the company indicate that Coal India reported a 12.5% increase in coal supplies to 61.20 million tonnes in September compared to the previous fiscal, alongside a 9.18% rise in production to 53.50 million tonnes. Additionally, the company executed a non-binding memorandum of understanding with Hindustan Urvarak & Rasayan Limited on September 29, 2026, to explore a coal gasification-based urea production project in Sindri, Jharkhand, though these fundamental developments coincided with broader profit-taking rather than an immediate bullish catalyst.
54.90 lakh shares traded by 6 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 68.53 lakh shares (0.80 times). The five-day average daily volume was 60.35 lakh shares. Separately, the NSE report for 5 October 2026 showed 46.77 lakh shares delivered, representing 60.23% of that day’s traded volume. The same report recorded 103,761 trades.
The 3.16% decline occurred in the absence of any negative single-day catalyst, reflecting broader profit-taking and underperformance relative to the rising Nifty benchmark. Volume remained subdued at 0.80 times the 20-day average, suggesting lack of heavy institutional selling.
Latest Company Developments
Coal India released its provisional production and off-take performance for September 2026, reporting total coal production of 53.50 million tonnes, representing a 9.18% growth over the corresponding period last year. Total coal supplies during the month reached 61.20 million tonnes, up 12.5% year-on-year, driven by rising power sector demand. For the April-September period, cumulative off-take stood at 384.2 million tonnes.
Demonstrates robust operational output and consistent delivery growth as the monsoon season concludes, supporting long-term supply targets.
Coal India Limited executed a non-binding Memorandum of Understanding with Hindustan Urvarak & Rasayan Limited on September 29, 2026, to explore the development of a coal gasification-based urea production project at Sindri, Jharkhand. The collaboration will initially focus on assessing technical, commercial, and implementation modalities to prepare a preliminary feasibility report.
Marks a strategic step toward cleaner coal utilization and diversification into coal-to-chemical projects in alignment with national energy transition goals.
Dr. Anjani Kumar relinquished his charge as Executive Director (Contracts) at Coal India Limited effective September 28, 2026, following his appointment as Director (Tech.) in Western Coalfields Limited, a wholly owned subsidiary. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Internal executive transitions within group subsidiaries are key governance updates that affect operational leadership continuity.
Coal India Q1 Results Today: Time, Dividend News, Earnings Call Schedule, Key Things To Watch.
Coal India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 9.93% on 30 June 2026. This compares with 9.53% on 31 March 2026, a change of +0.40 percentage points.
The filing reported 45 MF/UTI holders.
Research & Brokerage Views
Upgraded the stock to a 'Hold' rating following recent market performance and operational updates.
Maintained a positive stance following the Q1 earnings review, focusing on volume growth and demand visibility.
What to Watch Next
- Sustained coal production and dispatch recovery following the withdrawal of the monsoon season.
- Progress on the preliminary feasibility report for the coal gasification-based urea project with HURL.
- E-auction volume allocation and premium realizations over notified prices across subsidiary companies.
- Delivery percentage trends relative to the 60.23% recorded in the previous cash delivery report.
Other Dated Coverage
More Coal India news and dated analysis →
Frequently Asked Questions
What is the latest Coal India company news?
Coal India released its provisional production and off-take performance for September 2026, reporting total coal production of 53.50 million tonnes, representing a 9.18% growth over the corresponding period last year. Total coal supplies during the month reached 61.20 million tonnes, up 12.5% year-on-year, driven by rising power sector demand. For the April-September period, cumulative off-take stood at 384.2 million tonnes.
How strong was Coal India’s trading volume?
54.90 lakh shares traded, 0.80 times the 20-day average daily volume. The price and volume data are dated 6 October 2026 · 03:15 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Article by: WittyTrades Research Desk
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.