Coal India tumbled 5.17% to Rs 369.50 at 11:02 IST on BSE on profit booking after the stock surged 32.47% in the preceding seven trading sessions to Rs 389.65 on 19 May 2014 from a recent low of Rs 294.15 on 8 May 2014.
Meanwhile, the BSE Sensex was down 37.91 points, or 0.16%, to 24,325.14.
On BSE, so far 2.88 lakh shares were traded in the counter, compared with an average volume of 3.55 lakh shares in the past one quarter.
The stock hit a high of Rs 393 and a low of Rs 365 so far during the day. The stock hit a 52-week high of Rs 393.80 on 19 May 2014. The stock hit a 52-week low of Rs 215.47 on 30/08/2013
The stock had outperformed the market over the past one month till 19 May 2014, rising 33.95% compared with 7.66% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 53.01% as against Sensex's 17.57% rise.
The large-cap company has an equity capital of Rs 6316.36 crore. Face value per share is Rs 10.
Coal India's consolidated net profit fell 11.4% to Rs 3894.09 crore on 2.3% fall in total income to Rs 19110.74 crore in Q3 December 2013 over Q3 December 2012. The company will announce Q4 results on 29 May 2014.
Coal India is the largest coal producer in the world.
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