Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
21 August, 2018 15:28 IST
Coal India shares down after weak Q1 results
Source: IRIS | 14 Sep, 2016, 10.04AM
Comments  |  Post Comment

 Coal India, an Indian state-controlled coal mining company, witnessed a fall in share price on Wednesday after the company  announced a sharp drop in consolidated net profit for the quarter ended June 2016. During the quarter, the profit of the company declined 14.78% to Rs 30,652.80 million from Rs 35,969.30 million in the same quarter previous year.

Revenues for the quarter declined 5.62% to Rs 184,218.70 million, compared with Rs 195,180.80 million for the prior year period.

Shares of Coal India (Q,N,C,F)*  are trading at Rs 324.85, down Rs 5.85, or 1.77%  at the Bombay Stock Exchange (BSE) on Wednesday at 9:46 a.m.

The scrip has touched an intra-day high of Rs 327.55 and low of Rs 321.70. The total volume of shares traded at the BSE is 81,226.

Total volume of shares traded on the bourses today was lower by 68.68% to 1,344,485 compared with 22-day average volume of 4,292,183.  



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
ActiveStock
Jet Airways expands codeshare agreement with Bangkok airways - 21-Aug-2018 11:46
Man Infraconstruction intimates of arbitral award in favour of subsidiary Manaj Tollway - 21-Aug-2018 10:44
Lupin receives FDA approval for generic Hydrocortisone Butyrate Lotion - 21-Aug-2018 10:36
Tanla Solutions acquires Karix Mobile for Rs 3.40 bn - 21-Aug-2018 09:31
Indian Hume Pipe Co bags work order worth Rs 2.56 bn - 20-Aug-2018 16:17
Multi Commodity Exchange of India signs MoU with Indian Cotton Federation - 20-Aug-2018 16:12
Ratnamani Metals & Tubes wins orders worth Rs 1.55 bn - 20-Aug-2018 10:00
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer