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Pankaj pawar

8th May · SEBI-Registered Analyst

COALINDIA

Stock In News Today: Coal India Ltd. Coal India shares are in focus after reports suggested that the Government of India may divest a **3–4% stake** in the PSU giant through an Offer For Sale (OFS) route, potentially worth around **₹10,000 crore ($1.06 billion)**. The news triggered selling pressure in the stock during today’s session. ([Reuters][1]) Key Highlights * Government currently holds around **63.13% stake** in Coal India. * Proposed OFS may come at a discount to market price. * Stock slipped over **2% intraday** after the reports surfaced. * Investors are watching for official confirmation from the Finance Ministry. ([Reuters][1]) Market Sentiment Despite short-term pressure due to the possible stake sale, analysts continue to track: * Strong dividend yield * Stable coal demand * PSU momentum in broader markets However, near-term volatility may remain high because OFS announcements usually increase supply in the market.

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