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Coal India's operating profit may beat estimates: StarMine

Coal India's operating profit may beat consensus estimates when the miner reports January-March results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

Updated on: May 29, 2014, 13:40:26 IST
Reuters | By , Mumbai
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Coal India's operating profit may beat consensus estimates when the miner reports January-March results later in the day, Thomson Reuters StarMine's SmartEstimates
shows.

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StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Coal India to report an operating profit of Rs 63.73 billion ($1.08 billion) in the quarter, compared with a consensus mean estimate of Rs 59.08 billion.

Coal India shares are down 0.55% as of 10:32 am.