Coal India Soars 7% in 2 Days as Subsidiaries' Listing Approved

• Coal India shares surged 7% in two days and 8% over six trading days, entering the green zone for 2025.
• The company is set to be in the green for the fifth consecutive year, a turnaround from 2015-2020.
• The surge is attributed to the board's approval for listing two key subsidiaries: Mahanadi Coalfields and South Eastern Coalfields.
• These two subsidiaries collectively account for 52% of Coal India's total output.
• Increased trading volume, with 4 million shares traded in the first half-hour, supported the rally.

Why It Matters: Coal India's stock surged due to subsidiary listing approvals, marking its fifth consecutive green year.