Coal India hits a 52-week high after above-estimate Q2 numbers, brokerages raise targets
Coal India shares hit a 52-week high of Rs 337.75 each on BSE on Monday (September 13, 2023). Coal India beat Zee research estimates of Rs 4,724 crore in its profit after tax, reporting a jump of 12.5 per cent to Rs 6,800 from Rs 6, 044 year-on-year.
Its revenue from operations also beat Street estimates of Rs 31,774 crore, reporting a jump of 10 per cent to Rs 32,776 crore from Rs 29,838 crore YoY. Photo: File/Representational