Coal India stock hits 52-week high after opening coal e-auctions to Bangladesh, Nepal and Bhutan
BENGALURU, January 2, 2026, 08:04 ET Coal India opened its online coal auctions to buyers from Bangladesh, Bhutan and Nepal on Friday, letting companies across the border bid directly for its coal. The state-run miner’s shares jumped to a 52-week high. The change comes as demand from Indian power producers has softened, with coal-based generation down in seven of the past 12 months as renewable capacity expanded. Coal India’s supplies to consumers fell 2.2% in the April-to-December period from a year earlier, the company said. “This move should help Coal India boost margins,” said Rupesh Sankhe, a research analyst at