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Highlights * Coal India has entered a corrective phase after failing to sustain higher levels, with the stock recently slipping below its short-term moving averages. The near-term setup has weakened, although the broader long-term structure remains relatively resilient. * The stock is currently trading around the **₹410–₹420** support zone. This is an important demand area, and a sustained hold here could trigger a technical rebound towards **₹440–₹450**. * On the upside, **₹440–₹450** is the immediate resistance zone, followed by **₹465–₹475**. A decisive close above ₹475 would improve the technical structure significantly and could open the way towards **₹490–₹500**. * On the downside, **₹400–₹410** is the crucial support range. A decisive breakdown below ₹400 would weaken the setup further and could expose the stock to **₹380–₹390**. * Momentum indicators have cooled considerably. RSI has moved into the low-to-mid 40s, while MACD remains weak, indicating that selling pressure is still present. However, the stock's proximity to an important support zone raises the possibility of a short-term technical bounce if buyers step in. * The recent Q1FY27 numbers provide a mixed fundamental backdrop: consolidated profit was broadly flat YoY at around **₹8,852 crore**, while the company announced a **₹5.50 interim dividend**. Production and offtake trends remain important near-term catalysts, while Coal India's strong cash generation and dividend profile continue to support the longer-term investment case. Takeaway Coal India is currently at an important technical support zone. A sustained hold above **₹410** could trigger a recovery towards **₹440–₹450**, followed by **₹465–₹475** if momentum improves. However, a decisive breakdown below **₹400** would invalidate the bullish recovery setup and could push the stock towards **₹380–₹390**. For now, the technical bias is **cautiously neutral-to-positive above ₹410**, with confirmation of buying momentum required before expecting a stronger reversal.

Get latest articles and stories on Business at LatestLY. Monthly production and dispatch from captive and commercial coal mines continued their upward growth in July 2026, driven by higher operational performance across domestic blocks. Coal production from these blocks reached 14.78 million tonnes during the month, while total coal dispatches touched 17.49 million tonnes, according to the Ministry of Coal.

Prabhudas Lilladher recommended accumulate rating on Tata Steel with a target price of Rs 212 in its research report dated August 01, 2026.

New Delhi, Aug 3 (IANS) India’s captive and commercial coal mining sector recorded a 9.61 per cent growth to 14.78 million tonnes (MT) during July this year, compared to the same month of the previous year, to stay on the steady growth path, according to a statement issued by the Coal Ministry on Monday. Coal dispatches from captive and commercial mines reached 17.49 million tonnes during the month. “The encouraging performance highlights continued improvements in operational efficiency, enhanced mining productivity, and more effective utilisation of mining capacities across the captive and commercial coal mining sector,” the statement said. The sustained rise in production from captive and commercial mines is expected to reduce dependence on imported coal, strengthen supply chain resilience, conserve valuable foreign exchange, and advance the Government's vision of Atmanirbhar Bharat by enhancing self-reliance in a critical raw material essential for the nation's energy security and industrial development. The share of captive and commercial mines in the country’s total coal production blocks has risen from 10.9 per cent in FY 2021-22 to 20.2 per cent in FY 2025-26. In 2014, the Supreme Court of India cancelled 204 of the 218 blocks allocated between 1993 and 2012, finding the process arbitrary for want of consistent and objective criteria, and made clear the need for a transparent, auction-based framework. Commercial coal mining was formally launched in June 2020, under Prime Minister Narendra Modi’s 'Aatmanirbhar Bharat' vision. As many as 141 coal mines have been auctioned commercially across 14 rounds under the new scheme, with a combined peak rated capacity of 366.35 MT per annum. Captive and commercial blocks together produced about 210.46 MT in FY 2025-26, crossing the 200 million tonne mark for the first time. A decade earlier, the figure stood at 28.83 MT, a compound annual growth of about 22 per cent over the period. Within this, commercial mines have contributed about 26.12 MT in FY 2025-26, with 23 mines operational (obtained Mine Opening Permission). At full production, the blocks auctioned so far are expected to yield annual revenue of about Rs 47,000 crore, draw capital expenditure of about Rs 48,756 crore, and generate employment of about 4,75,000. The government’s revenue from premium generation has risen from Rs 461 crore in FY 2014-15 to Rs 5,553 crore in FY 2025-26, a compound annual growth of about 26 per cent, accruing to the exchequer and producing states. --IANS sps/na

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Ahmedabad : Strengthening India’s clean energy ecosystem with next-generation solar technology, Kosol Energie Pvt. Ltd. has introduced its enhanced N-Type Glass-to-Glass (G2G) Solar PV Modules, designed to deliver superior durability, higher efficiency and reliable performance even under harsh monsoon conditions and severe hailstorms. The latest dual-glass solar modules are engineered to withstand increasingly unpredictable weather [...]

India’s coal production witnessed a growth of 7.51% in July 2026, compared to the same period last year. The overall coal production in the country during July 2026 reached 69.75 [...]

India’s coal production witnessed a growth of 7.51% in July 2026, compared to the same period last year. The overall coal production in the country [...]

India’s coal production witnessed a growth of 7.51% in July 2026, compared to the same period last year. The overall coal production in the country during July 2026 reached 69.75 MT (Provisional), marking an increase over the 64.88 MT produced July, 2025. Meanwhile coal dispatch in July 2026 showed a robust growth of 17.34% YoY in July, 2026, reaching 86.33 MT (Provisional) during the month compared to 73.57 MT last year. The growth in coal production and dispatch underscores the Ministry of Coal’s sustained commitment and efforts to ensuring consistent...