Coal India shares gain 7% after allowing foreign buyers to participate in e-auctions, here's country listCoal India shares gain 7% after allowing foreign buyers to participate in e-auctions, here's country list

Introduction

Leading coal producer has allowed buyers from neighboring countries to directly participate in e auctions, enabling cross border coal purchases through a revised digital auction framework effective January 1 2026.

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Share price movement of Coal India

On January 2, 2026, Coal India Ltd opened at ₹401.60, up 0.31% from its previous close of ₹400.35. The stock reached a high of ₹426.95 (6.59%) and a low of ₹401.10. By 14:25, it traded at ₹425.55, a 6.29% increase, with a market capitalization of ₹2,62,254.90 crore.

Coal India Opens E Auctions to Foreign Buyers

Coal India Limited has allowed foreign coal consumers from Bangladesh, Bhutan, and Nepal to directly participate in SWMA e-auctions, effective January 1, 2026, following approval by its Board.

Under the revised SWMA framework, foreign buyers can bid alongside domestic buyers. Earlier, cross-border coal access was limited to domestic traders without end-use restrictions.

The updated scheme includes one-time registration, digital bidding, electronic advance payments, and exports through notified channels, with payments governed by FEMA rules and country-specific currency provisions.

Stock performance of Coal India for Period of 1 week, 6 months, and 1 year

Coal India Ltd delivered a -0.42% return over the past week. The stock gained 3.72% over the past six months and 1.91% over the past year.

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Shareholding pattern of Coal India

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	63.10%	63.10%	63.10%
FII	8.00%	8.20%	7.70%
DII	22.90%	22.80%	23.50%
Public	6.00%	6%	5.70%

About Coal India

Coal India Ltd (NSE: COALINDIA) is primarily engaged in coal mining and production, operating washeries, and supplying coal mainly to power and steel sectors, with additional consumers in cement, fertilizers, and brick kilns.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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