Trending stocks: Coal India share price down nearly 4%

NEW DELHI: Shares of Coal India traded 3.77 per cent down in Monday 's trade at 11:31AM (IST).
Around 438748 shares changed hands on the counter. The stock opened at Rs 146.9 and touched an intraday high and low of Rs 146.9 and Rs 140.9 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 271.45 and a 52-week low of Rs 119.2 .


The company has shifted its focus to overburden removal -- the process of removing the top soil and rock to expose coal seams in its open cast mines --as the power sector, a major consumer of the dry fuel, has witnessed almost 30 per cent drop in fuel consumption amid the lockdown, a company official said.

Financials
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 91578.14 Crore) operating in Mining sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 21566.41 Crore, up 13.59 % from last quarter Sales of Rs 18986.50 Crore and down -7.78 % from last year same quarter Sales of Rs 23385.43 Crore. The Company reported net profit after tax of Rs 3920.76 Crore in latest quarter.

Coal India Ltd. key Products/Revenue Segments include Other Operating Revenue which contributed Rs 618.91 Crore to Sales Value (66.24 % of Total Sales) and Coal which contributed Rs 315.39 Crore to Sales Value (33.75 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 66.13 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 4.89 and price to book value of 3.3 .