The strong performance came at a time when the broader domestic market was under pressure. The BSE Sensex was down around 0.80 per cent during the morning session, highlighting the relative strength in Coal India's stock.
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The Sensex fell as much as 800 points intraday, while the Nifty50 slipped below the 23,800 mark, extending the previous session’s weakness.
The stock touched a fresh 52-week high of ₹12,470 on the BSE, moving closer to its previous all-time high of ₹12,772.15, recorded in September 2024.
The Maharashtra Food and Drug Administration (FDA), in coordination with the Navi Mumbai Police Crime Branch, has uncovered an alleged racket involving the manipulation of manufacturing and expiry dates on packaged food products in Navi Mumbai.
Shares of Adani Group companies recovered sharply in Tuesday’s intraday trade after suffering a steep sell-off in the previous session following the latest MSCI index rebalancing.
Shares of Tribhovandas Bhimji Zaveri (TBZ) surged 20 per cent on Monday, hitting the upper circuit and a fresh 52-week high after GRT Jewellers announced a deal to acquire a controlling stake in the jewellery retailer.
The IPO is also commanding a reported grey market premium (GMP) of around 31 per cent, signalling positive sentiment ahead of listing. However, the grey market premium should not be treated as an assurance of listing gains.
The regulatory changes, announced through two circulars issued on August 28, are designed to make NPS schemes easier for subscribers to understand and compare.