Once shunned, Coal India is now a sought after stock. The scrip has climbed 56.93 per cent to Rs 229.20 a piece this year. The company reported a profit margin of 25.24 per cent in June quarter, 20.52 per cent in March, 16.03 per cent in December 2021, 12.61 per cent in September and 12.55 per cent in the year-ago quarter.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)