Coal India Share
In short
Coal India share represents the ownership units of Coal India Limited traded on the stock market. Investors buy these shares to gain a stake in India's largest coal producer.
In plain words
When you buy a share, you own a tiny piece of the company. If the company makes a profit, the value of your share might go up. You might also receive a portion of the profits as a dividend.
A simple example
If you buy ten shares of Coal India, you become a part-owner of the business. If the company performs well and pays out cash to its owners, you receive money for each share you hold.
Why it matters
It allows people to grow their wealth by investing in the energy sector. It also helps the company raise money to build new mines and equipment.
Easy to mix up
Do not confuse owning a share with owning a bond, which is essentially a loan you give to the company.