CIL share dips 2%, market cap slides ₹4,105 cr on poor showing

NEW DELHI: Shares of Coal India Limited (CIL) ended the day nearly 2% lower, wiping out ₹4,105.47 crore from its market valuation, a day after the company reported

NEW DELHI: Shares of Coal India Limited (CIL) ended the day nearly 2% lower, wiping out ₹4,105.47 crore from its market valuation, a day after the company reported 14.7% decline in consolidated net profit for the quarter ended June. The stock settled at ₹324.20, down 1.97% on BSE, and down 1.84% to ₹321.50 on NSE. During the day, it lost 2.72% to ₹321.70. The BSE Sensex ended 19 points up at 28,372.23.

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