Coal India shares slip 2% after Q2 EBITDA misses despite strong revenue beat
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Coal India shares fell 2.10 per cent to ₹384.85 on Friday morning after the company missed Q2 EBITDA estimates.
- ✓Despite a strong revenue beat of ₹44,170 crore, investors reacted to higher production costs.
- ✓The board also approved a second interim dividend of ₹10.25 per share for the 2026-27 financial year.
Story at a Glance
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- MARKET
- Reported By
- Business Line
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- 2 Minute(s)
- Market Focus
- India Economy
Brokerage reactions were mixed; JM Financial maintained an ADD rating on the stock
Shares of Coal India were under pressure on Friday morning, falling 2.10 per cent to ₹384.85 by 10.28 am, a day after the state-run miner reported its September quarter results. The stock opened higher at ₹398, touched an intraday high of ₹398.05, but quickly reversed to a low of ₹380.40 as investors digested a miss on operating profit. Over 1.06 crore shares had changed hands by mid-morning, with 58 per cent of buy orders against 42 per cent sell orders.
The stock is trading well below its 52-week high of ₹491.25 hit in April and has shed nearly 9.5 per cent over the past month.
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