Coal India Limited (CIL) saw its stock climb 6.6% on Friday, reaching a 52‑week high of Rs 426.95 on the BSE. The boost came after the company said it will let foreign coal buyers from Bangladesh, Bhutan and Nepal take part directly in its online auctions starting Jan 1 2026.
What changed?
Until now, overseas buyers had to go through Indian traders to purchase coal. The new rule lets them register once and bid straight away through CIL’s Single Window Mode Agnostic (SWMA) e‑auction platform.
How will payments work?
- Buyers from Nepal can pay in Indian Rupees or US Dollars.
- Buyers from Bangladesh and Bhutan will pay in US Dollars only.
Why CIL made this move
The company says the change will increase transparency, competition and integration with global markets while still protecting India’s domestic coal needs. It also expects faster, digital bidding and smoother export logistics.
What this means for investors
Direct foreign participation could lift demand for CIL’s coal, improve price discovery and support higher earnings. That outlook helped push the share price to its recent high.
Quick takeaways
- Shares up 6.6% to Rs 426.95.
- Foreign buyers can bid directly from Jan 2026.
- Payments in INR or USD, depending on the country.
- Goal: more transparency and better market access.
Remember, this is just my perspective, not a prediction. Do your own research before making any investment decisions.