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Palak Jain

10th Aug · SEBI-Registered Analyst

$COALINDIA share price falls 3% after marginal Q1 profit growth; Brokerages see up to 23% upside - Check target

$COALINDIA Share Price: Shares of state-owned Coal India Limited fell 3 per cent in early trading on Tuesday, July 28, after the company reported only a marginal increase in consolidated net profit for the June quarter. At around 9:43 am, Coal India shares were trading at Rs 415.20, down Rs 12.30 (2.9 per cent) from the previous close of Rs 427.50. The stock touched an intraday low of Rs 414.15, marking a decline of about 3.1 per cent. Coal India Q1 Results State-owned Coal India Limited (CIL) on Monday reported a 0.6 per cent increase in consolidated net profit to Rs 8,852.11 crore for the June quarter, supported by higher revenues.

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