Share Price of Coal India Drops 3% Amid January Production Decline

Coal India’s share price dropped by over 3% in Monday morning trades after the company released its January 2025 production and volume data post-market hours on Saturday. Despite strong financial year-to-date performance, the slight drop in monthly production weighed on investor sentiment.

Coal India’s January 2025 Production and Offtake Data

Production Performance

• January 2025 Output: Declined 0.8% to 77.8 million tonnes (mt) from 78.4 mt in January 2024.
• Financial Year-to-Date (April 2024 - January 2025): 621.1 mt, reflecting a 1.8% increase from 610.3 mt in the same period last year.

Sales and Offtake Performance

• January 2025 Offtake: 68.6 mt, up 2.2% from 67.1 mt in January 2024.
• Cumulative Offtake (April 2024 - January 2025): 630.2 mt, up 1.8% from 619.4 mt in the year-ago period.

Demand Outlook

• Power Sector Demand: Coal India continues to see strong demand from thermal power producers.
• Non-Power Sector Demand: According to analysts, sales to industrial consumers are also expected to grow steadily.

Coal India Share Price Movement

• Opening Price (Monday, BSE): ₹384.40, a bit below the previous close of ₹385.35.
• Intraday Low: ₹366.55, marking a decline of over 4% in the morning sessions of February 3, 2025.

Investors reacted negatively to the slight drop in January production despite substantial financial year-to-date numbers.

Summary

Coal India’s share price declined by over 3% on Monday after reporting a 0.8% drop in January 2025 production to 77.8 million tonnes, despite a 1.8% year-to-date increase. Sales, however, improved by 2.2% to 68.6 million tonnes. The stock hit an intraday low of ₹366.55 as investors reacted negatively to the production decline. Analysts believe steady demand from the power and industrial sectors could provide stability in the long term