Coal India fell 1.24% to Rs 325.75 at 13:20 IST on BSE after the company reported lower than targeted coal production and offtake in October 2016.
Meanwhile, the BSE Sensex was down 243.50 points, or 0.87%, to 27,633.11.
On BSE, so far 18.30 lakh shares were traded in the counter, compared with average daily volume of 4 lakh shares in the past one quarter. The stock hit a high of Rs 326.80 and a low of Rs 323.20 so far during the day. The stock hit a 52-week high of Rs 349.85 on 17 August 2016. The stock hit a 52-week low of Rs 272.05 on 12 April 2016.
The large-cap company has equity capital of Rs 6316.36 crore. Face value per share is Rs 10.
Coal India and its subsidiaries achieved 84% of targeted production at 43.51 million tonnes in October 2016. The company achieved 90% of targeted offtake at 43.04 million tonnes in October 2016.
Coal India's consolidated net profit fell 14.78% to Rs 3065.28 crore on 6.12% decline in net sales to Rs 17796.05 crore in Q1 June 2016 over Q1 June 2015.
State-run Coal India is India's biggest coal miner. The Government of India currently holds 79.65% stake in Coal India (as per the shareholding pattern as on 30 September 2016).
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