Shares of Coal India gained over 3 percent to hit a 52-week high in morning trade on Thursday after the company reported robust June quarter numbers.
On BSE, the stock opened strong at Rs 226.00, then gained further to hit a 52-week high of Rs 226.10, registering a rise of 2.84 percent over its previous closing price after its June quarter profit almost tripled to Rs 8,832.86 crore.
On the NSE, the stock climbed 3.16 percent to a 52-week high of Rs 226.80.
Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at Rs 8,832.86 crore for the June 2022 quarter on the back of higher sales.
The company had posted a net profit of Rs 3,169.86 crore in the year-ago period, Coal India Ltd (CIL) said in a BSE filing.
Its revenue from operations during the April-June period increased to Rs 35,092.17 crore from Rs 25,282.75 crore a year ago.
The company’s net sales in the first quarter rose to Rs 32,497.9 crore from Rs 23,293.65 crore earlier.
Its output in the April-June period rose to 159.75 million tonnes (MT) from 123.98 MT in the corresponding quarter of the previous fiscal.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Rebuilding the database won’t touch your save data or installed games.
Even if your card is fine, Hulu’s system may fail to validate the subscription at…
According to Norton, you should avoid giving out your personal phone number because it can…
Starting in 2026, workers will need to earn $1,890 in Social Security–taxed income to get…
Donald Trump’s $2,000 “tariff dividend” promise leaves out high-income Americans, sparking debate and confusion about…
If you liked a lot of content, this list can become long. Instagram allows selecting…