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Coal India slips after muted Q3 result

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Capital Market
Last Updated : Feb 12 2018 | 10:16 AM IST

Coal India fell 0.48% to Rs 299 at 09:51 IST on BSE after consolidated net profit rose 4.21% to Rs 3004.79 crore on 4.42% rise in total income to Rs 22484.14 crore in Q3 December 2017 over Q3 December 2016.

The result was announced on Saturday, 10 February 2018.

Meanwhile, the S&P BSE Sensex was up 130.40 points, or 0.38% to 34,136.16.

On the BSE, 1.71 lakh shares were traded in the counter so far compared with average daily volumes of 3.15 lakh shares in the past one quarter. The stock had hit a high of Rs 304.85 and a low of Rs 298.10 so far during the day. The stock had hit a 52-week high of Rs 332.10 on 27 February 2017. The stock had hit a record low of Rs 234 on 11 August 2017.

The large-cap company has equity capital of Rs 6207.41 crore. Face value per share is Rs 10.

Coal India is an organized state owned coal mining corporate and is the single largest coal producer in the world.

The government of India holds 78.55% stake in the company as on 31 December 2017.

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First Published: Feb 12 2018 | 10:03 AM IST

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