Coal India's weaker than expected e-auction realizations lead to soft Q2 show
The reported net profit missed their estimates by 13%, largely led by flattish sequential e-auction prices while international coal prices spiked by 50% in Q2
NEW DELHI : Coal India Ltd's lower-than-expected performance amid high expectations disappointed the street. The stock declined more than 4% on Monday.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started