Coal India Shares Soar 7% to New High as Foreign Buyers Enter E-Auctions

• Coal India's shares surged 7% to a new one-year high of ₹429.65 after a key policy change.
• The company now allows buyers from Bangladesh, Bhutan, and Nepal to directly participate in its e-auctions.
• This new framework, effective January 1, 2026, aims to boost transparency and competition.
• Foreign buyers can register once, bid online, and pay under FEMA rules (USD/INR for Nepal, USD for others).
• The stock has risen 21.74% in 11 months, with analysts giving mixed ratings but a high target of ₹450.

Why It Matters: Coal India's decision to open e-auctions to foreign buyers propelled its shares to a record high.