Coal India shares surge 3.5% amid bullish positioning signals. The stock traded at ₹450.50 on March 5, up ₹15.35 from the previous close, with derivative data showing strong long build-up in both daily and five-day positioning tables. Fresh bullish bets are being placed in the futures market as analysts point to a potential supply squeeze. Peak power demand is projected to reach 275-285GW during summer, while multiple risk factors including possible gas supply disruptions, rainfall deficits threatening hydro output, and elevated energy prices are expected to drive higher coal offtake in coming months. The stock significantly outperformed the broader market, which faced pressure with Nifty down 1.5 percent and metals index falling 4 percent. Trading volume was robust at 127.81 lakh shares valued at ₹575.03 crore, reflecting active investor participation.