Futures
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Gold
One platform for global traditional assets
Options
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Introduction to Futures Trading
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Demo Trading
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CandyDrop
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Launchpool
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Launchpad
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Alpha Points
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Futures Points
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India's Coal India stock rose nearly 5% this week as the country anticipates summer heat waves and a potential shift from gas-fired to electric equipment, which is expected to drive a surge in electricity demand. The state-owned coal enterprise, which supplies over 80% of domestic coal, remains critical to India's energy supply, as coal-fired power generation accounts for 70% to 87% of India's total electricity generation. Despite the stock price dropping to 462.30 rupees per share on Friday, the Indian government has assured adequate coal inventory levels, with 210 million tons of reserves capable of sustaining 88 days of supply, and production exceeding consumption.