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Home STOCKS Coal India Share Price: Trending stocks: Coal India shares slip practically 2%

Coal India Share Price: Trending stocks: Coal India shares slip practically 2%

NEW DELHI: Shares of Coal India Ltd. traded 1.65 for every cent down in Tuesday’s trade at 01:20PM (IST). All-around 170,759 shares altered arms on the counter.
The stock opened at Rs 130.5 and touched an intraday high and low of Rs 130.55 and Rs 128.15, respectively, in the session so significantly. The stock of Coal India Ltd. quoted a 52-7 days high of Rs 234. and a 52-week low of Rs 119.25.
Whole market cap of the Coal India Ltd. stood at Rs 79283.5 crore at the time of crafting this report.
The company’s dues from condition- owned ability technology corporations have risen to Rs 22,000 crore amid muted demand and high production, PTI described citing resources claimed on Monday.
Vital Financials
The corporation claimed consolidated internet sales of Rs 27568.23 crore for the quarter ended 31-Mar-2020, up 27.83 for every cent from past quarter’s Rs 21566.41 crore and up 3.24 per cent from the calendar year-back quarter’s Rs 26704.27 crore.
The net profit for most recent quarter stood at Rs 4637.95 crore, down 23.01 for each cent from the corresponding quarter final calendar year.
Shareholding pattern
As of 30-Jun-2020, domestic institutional investors held 9.64 per cent stake in the company, though international institutional investors held 7.85 for every cent and the promoters 66.13 for each cent.
Valuation ratio
In accordance to BSE knowledge, the stock traded at a price-to-earnings several of 4.74 and a price-to-book ratio of 2.44. A greater P/E ratio exhibits investors are ready to pay a higher price mainly because of better upcoming progress anticipations. Price-to-book value implies the inherent value of a corporation and is the evaluate of the price that investors are completely ready to shell out even for no advancement in the organization.
Coal India Ltd. belongs to the Mining/Minerals industry.


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