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COALINDIA - Technical Analysis with Chart Patterns & Indicators

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Rating: 4.5

Last Updated Time : 04 May 26, 11:56 am

Technical Rating: 4.5

Stock Code COALINDIA Market Cap 2,96,705 Cr. Current Price 481 ₹ High / Low 491 ₹
Stock P/E 15.7 Book Value 33.5 ₹ Dividend Yield 5.50 % ROCE 98.0 %
ROE 97.4 % Face Value 10.0 ₹ DMA 50 445 ₹ DMA 200 418 ₹
Chg in FII Hold 0.16 % Chg in DII Hold 0.23 % PAT Qtr 5,534 Cr. PAT Prev Qtr 4,872 Cr.
RSI 68.7 MACD 6.55 Volume 1,81,23,375 Avg Vol 1Wk 1,82,80,928
Low price 369 ₹ High price 491 ₹ PEG Ratio 1.86 Debt to equity 0.04
52w Index 92.0 % Qtr Profit Var 75.7 % EPS 30.6 ₹ Industry PE 17.0

📊 COALINDIA is trading at ₹481, well above its 50 DMA (₹445) and 200 DMA (₹418), confirming strong bullish momentum. RSI at 68.7 indicates near-overbought conditions, while MACD at 6.55 shows a positive crossover supporting upward bias. Bollinger Bands suggest price near the upper band, signaling strength but caution near resistance. Volume (1,81,23,375) is in line with the weekly average (1,82,80,928), confirming steady participation. Overall, the stock is strongly trending upward with breakout potential.

💡 Optimal Entry Zone: ₹460–475 (near DMA support).

📈 Exit Zone: ₹490–500 (resistance and 52-week high).

🔎 Trend Status: Strongly trending upward; continuation likely unless RSI overheats or profit momentum slows.

✅ Positive

  • Exceptional ROCE (98.0%) and ROE (97.4%) highlight operational efficiency.
  • EPS of ₹30.6 with strong profitability.
  • Dividend yield of 5.50% provides robust income support.
  • Debt-to-equity ratio of 0.04 indicates negligible leverage.
  • Quarterly PAT growth from ₹4,872 Cr. to ₹5,534 Cr. (+75.7%).

⚠️ Limitation

  • RSI near 68.7 signals overbought conditions, limiting short-term upside.
  • PEG ratio of 1.86 suggests fairly priced growth.
  • Price close to 52-week high may face resistance.

📉 Company Negative News

  • No major external negative news, but overbought RSI and valuation caution remain.

📈 Company Positive News

  • Quarterly PAT surged significantly, reflecting strong earnings momentum.
  • Institutional sentiment stable with slight increases in FII (+0.16%) and DII (+0.23%) holdings.
  • Strong dividend yield continues to attract income-focused investors.

🏭 Industry

  • Industry PE is 17.0, slightly higher than COALINDIA’s PE of 15.7, suggesting undervaluation.
  • Coal and energy sector remains supported by demand stability and government-backed infrastructure growth.

🔎 Conclusion

COALINDIA is trending upward with strong fundamentals, undervaluation, and robust dividend yield. Entry near ₹460–475 offers a favorable setup, while exit near ₹490–500 is prudent unless momentum drives a breakout. Long-term investors benefit from efficiency and income support, while short-term traders should monitor RSI levels and resistance near the 52-week high.

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