Coal India lost 1.74% to Rs 263 at 09:25 IST on BSE after consolidated net profit declined 38.25% to Rs 2716.09 crore on 8.01% increase in total income to Rs 25027.35 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 29 May 2017.Meanwhile, the S&P BSE Sensex was up 21.44 points or 0.07% at 31,130.72.
On the BSE, 79,000 shares were traded on the counter so far as against the average daily volumes of 4.51 lakh shares in the past one quarter. The stock had hit a high of Rs 263.50 so far during the day. The stock had hit a 52-week high of Rs 349.85 on 17 August 2016. The stock hit a low of Rs 260 in intraday trade so far, which is 52-week low for the counter.
The large-cap company has equity capital of Rs 6207.41 crore. Face value per share is Rs 10.
Coal India said that production of raw coal of the company and its subsidiary companies rose to 176.37 million tonnes in Q4 March 2017 from 165.24 million tonnes in Q4 March 2016. Offtake rose to 151.54 million tonnes in Q4 March 2017 from 145.23 million tonnes in Q4 March 2016.
Coal India is an organized state owned coal mining corporate. The government of India held 78.86% stake in the company as per shareholding pattern as on 31 March 2017
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