Monday 30 May 2016

Coal India surges 5% post Q4 results

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 42479.30 mn for the quarter ended March 31, 2016 as compared to Rs. 42385.50 mn for the quarter ended March 31, 2015.

Coal India
Coal India Ltd stock was higher by 5% at Rs.294.The company posted a net profit  of Rs. 42479.30 mn for the Quarter ended March 31, 2016 as compared to Rs. 42385.50 mn for the Quarter ended March 31, 2015. 

Total income has decreased from Rs. 230656.50 mn for the quarter ended March 31, 2015 to Rs. 228987.90 million for the quarter ended March 31, 2016.

The scrip opened at Rs. 287.9 and has touched a high and low of Rs. 293.85 and Rs. 287.9 respectively. So far 1048051(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 177710.79 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.25 on 05-Aug-2015 and a 52 week low of Rs. 272.05 on 12-Apr-2016. Last one week, high and low of the scrip stood at Rs. 284.5 and Rs. 277.9 respectively.

The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.14 % and 3.21 % respectively.

The stock is currently trading above its 200 DMA.

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