New Delhi, April 30 -- Shares of state-owned miner Coal India Ltd (CIL) rose around 7%, hitting its 52-week high of Rs.491.25 on Thursday, after robust March quarter (Q4FY26) performance.

Investor interest also seems to be driven by the recent rise in temperatures. As per the government data, peak power demand rose to 256 GW on 25 April, breaching the previous peak of 250 GW hit on 30 May 2024.

Electricity consumption during 1-27 April grew sharply by 9% year-on-year (y-o-y). Near-term demand for power, and in turn, coal may well stay strong amid a weaker monsoon forecast due to the El Nino effect, and an extended summer.

Still, there is a risk to CIL's earnings as it has decided to absorb the rise in the cost of explosives and fuel, d...