Coal India earnings may beat estimates-StarMine

Reuters Market Eye - Coal India Ltd may beat Jan-March earnings consensus forecast when it reports results on Monday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which place greater emphasis on forecasts by top-rated analysts, expects Coal India to report a profit of 52.91 billion rupees for the quarter compared with a wider consensus mean estimate of 49.97 billion rupees.

Shares in Coal India were roughly flat at 2:09 p.m.