Trending Stock: Coal India shares are flat before Q4 results

A total of 287,395 shares changed hands at the counter by 10:51 AM (IST).

New Delhi: Coal India Ltd. shares traded at 10:51 am (IST) on Friday. Around 287,395 shares changed hands over the counter.



The counter opened at Rs 140.8 and touched a high and low of Rs 142.7 and Rs 139.6 respectively in the session so far. Shares of Coal India Limited Company saw a 52-week high of Rs 263.05 and a 52-week low of Rs 119.25.

The total market cap of Coal India Limited was Rs 87140.98 crore at the time of writing this report.


On Friday, Coal India Limited will announce its match earnings.


Major financial

The company recorded consolidated sales of Rs 21566.41 crore for the quarter ended 31 December 31, 2019, up 13.59 per cent from Rs 18986.5 crore in the previous quarter and 7.78 per cent from Rs 233853 crore in the year-ago quarter.

Net profit for the latest quarter stood at Rs 3923.87 crore, down 14.08 per cent from the same quarter last year.


Shareholding pattern

As on 31-March 2020, domestic investors held 9.41 per cent stake in the company, while foreign institutional investors held 8.2 per cent and promoters 66.13 per cent.


Evaluation ratio

As per BSE data, the stock posted a price-to-earnings multiple of 4.81 and traded at a price-to-book ratio of 3.24. A high P / E ratio indicates that investors are willing to pay a higher price due to expectations of better future growth. The value-to-book value indicates the inherent value of a company and is a measure of the value that investors are prepared to pay even for growth in business.

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