After reporting Coal India moves top production, off take numbers

Coal India rise 1.26percent to Rs 310.30 at 9:56 IST on BSE the company announced conditional production and offtake no. for the month of Nov 2016. 

The declaration was prepared after market hours yesterday, 1^st December 2016. 

 S&P BSE Sensex was down 156.04 pts or 0.59 percent at 26,403.88. 

On the BSE, 87,000 shares were traded on the counter so far as against the average daily volumes of 3.67 lakh shares in the past one quarter. The stock had hit a high of Rs 311.90 and a lower of Rs 307.40. 

The stock had strike a 52-week high of Rs 349.85 on 17^th Aug 2016 and a 52-week low of Rs 272.05 on 12^th April 2016. 

Per share is Rs 10. The large-cap company has equity capital of Rs 6316.36 cr.

Coal India and its subsidiary earn 93 percent of under attack production at 50 million tonnes in November 2016. And the company achieve 97percent of targeted offtake at 48.16 million tonnes in Nov 2016. 

Coal India's net profit cut down 14.8% to Rs 3065.28 crore on 6.1 percent decline in net sales to Rs 17796.05 crore in Q1 June 2016 over Q1 June 2015. 

State-run Coal India is India's biggest coal miner. The Government of India currently holds 79.65% stake in Coal India