Coal India slips on reporting 21% fall in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Coal India is currently trading at Rs. 132.80, down by 1.05 points or 0.78% from its previous closing of Rs. 133.85 on the BSE.
The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 134.85 and Rs. 132.60 respectively. So far 564920 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.00 on 13-Feb-2020 and a 52 week low of Rs. 109.50 on 15-Oct-2020.
Last one week high and low of the scrip stood at Rs. 143.50 and Rs. 132.85 respectively. The current market cap of the company is Rs. 82303.24 crore.
The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.73% and 5.14% respectively.
Coal India has reported over 10-fold jump in its net profit at Rs 5,020.84 crore for third quarter ended December 31, 2020 as compared to net profit at Rs 458.69 crore for the same quarter in the previous year. Total income of the company reported 9-fold jump at Rs 5,311.55 crore for Q3FY21 as compared Rs 589.61 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 21.37% in its net profit attributable to owners at Rs 3,085.39 crore for the quarter under review as compared to net profit at Rs 3,923.87 crore for the same quarter in the previous year. Total income of the company marginally decreased by 1.09% at Rs 24,334.62 crore for Q3FY21 as compared Rs 24,602.19 crore for the corresponding quarter previous year.
