Coal India rose 2.05% to Rs 392.75 at 15:03 IST on BSE after the company declared production and offtake data of June 2014.
The company made the announcement during trading hours today, 2 July 2014.
Meanwhile, the S&P BSE Sensex was up 292.78 points or 1.15% at 25,809.13
On BSE, so far 9.15 lakh shares were traded in the counter as against average daily volume of 5.13 lakh shares in the past one quarter.
The stock hit a high of Rs 394 and a low of Rs 386 so far during the day. The stock hit a 52-week high of Rs 423.85 on 11 June 2014. The stock hit a record low of Rs 238.35 on 30 August 2013.
The stock had underperformed the market over the past one month till 1 July 2014, rising 3.69% compared with 5.36% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 32.87% as against Sensex's 13.68% rise.
The large-cap company has equity capital of Rs 6316.36 crore. Face value per share is Rs 10.
Coal India said that the company and its subsidiary companies' production on provisional basis was 94% of targeted production at 34.54 million tonnes in June 2014. Coal India and its subsidiary companies' offtake on provisional basis was 91% of targeted offtake at 38.29 million tonnes in June 2014.
Coal India said that the company and its subsidiary companies' production on provisional basis was 96% of targeted production at 108.33 million tonnes between April 2014 and June 2014. Coal India's coal production rose 5.3% to 108.33 million tonnes between April 2014 and June 2014 over April 2013 to June 2013. Coal India and its subsidiary companies' offtake on provisional basis was 91% of targeted offtake at 119.55 million tonnes between April 2014 to June 2014. Coal India's coal offtake rose 3.6% to 119.55 million tonnes between April 2014 and June 2014 over April 2013 to June 2013.
Coal India's consolidated net profit declined 18.1% to Rs 4434.18 crore on 0.5% growth in net sales to Rs 19997.98 crore in Q4 March 2014 over Q4 March 2013.
Coal India is the largest coal producer in the world.
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