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CIL faces heat from renewables

Mint Bangalore

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March 13, 2026

Coal India’s share in India coal production is declining steadily, impacting its financials.

- Ashish Agrawal

Coal India Ltd’s (CIL) shares hit a new 52-week high of ₹447.4 on the NSE on Thursday, gaining over 5% when the Nifty 50 index declined almost 1%, possibly on expectations of higher prices at its e-auctions as global coal prices rise due to the West Asia conflict.

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