Coal India dropped 1.72% to Rs 331.95 at 9:30 IST on BSE after consolidated net profit rose 16.02% to Rs 2543.80 crore on 6.89% rise in total income to Rs 18921.23 crore in Q2 September 2015 over Q2 September 2014.
The result was announced after market hours on Friday, 13 November 2015.
Meanwhile, the BSE Sensex was down 77.36 points, or 0.3%, to 25,533.17.
On BSE, so far 16,262 shares were traded in the counter, compared with an average volume of 3.76 lakh shares in the past one quarter.
The stock hit a high of Rs 336.55 and a low of Rs 331.30 so far during the day. The stock hit a record high of Rs 447.25 on 5 August 2015. The stock hit a 52-week low of Rs 300.75 on 29 September 2015.
Coal India's actual production rose 8.93% to 229.55 million tonnes in Q2 September 2015 over Q2 September 2014. The company's actual offtake rose 9.25% to 251.38 million tonnes in Q2 September 2015 over Q2 September 2014.
Coal India is an organized state-owned coal mining corporate.
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