Coal India Ltd fell for a fifth straight session today. The stock is quoting at Rs 254.8, down 0.86% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.36% on the day, quoting at 11863.8. The Sensex is at 39560.57, down 0.49%.Coal India Ltd has gained around 5.38% in last one month.Meanwhile, Nifty Metal index of which Coal India Ltd is a constituent, has increased around 3.71% in last one month and is currently quoting at 2962.1, down 0.63% on the day. The volume in the stock stood at 22.92 lakh shares today, compared to the daily average of 68.39 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 255.45, down 1.07% on the day. Coal India Ltd tumbled 10.03% in last one year as compared to a 9.77% rally in NIFTY and a 18.18% fall in the Nifty Metal index.

The PE of the stock is 15.12 based on TTM earnings ending March 19.

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Coal India announced the provisional production and offtake performance of CIL and subsidiary companies for month of May 2019.

Coal production achieved in May 2019 stood at 46.59 million tonnes compared to 47.12 million tonnes in May 2018. Offtake stood at 52.09 million tonnes in May 2019 compared to 52.81 million tonnes in May 2018.

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Net profit of Coal India rose 362.47% to Rs 6024.23 crore in the quarter ended March 2019 as against Rs 1302.63 crore during the previous quarter ended March 2018. Sales rose 7.91% to Rs 26704.27 crore in the quarter ended March 2019 as against Rs 24747.10 crore during the previous quarter ended March 2018.

For the full year,net profit rose 148.10% to Rs 17462.18 crore in the year ended March 2019 as against Rs 7038.44 crore during the previous year ended March 2018. Sales rose 14.57% to Rs 92896.08 crore in the year ended March 2019 as against Rs 81081.80 crore during the previous year ended March 2018.

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The result was announced after market hours yesterday, 30 May 2019.

Meanwhile, the S&P BSE Sensex was up 215.45 points, or 0.54% to 40,047.42

On the BSE, 5.54 lakh shares were traded in the counter so far compared with average daily volumes of 1.92 lakh shares in the past two weeks. The stock had hit a high of Rs 263.30 and a low of Rs 257.30 so far during the day.

Coal India said that its production of raw coal stood at 194.45 million tonnes in Q4 March 2019 as against 183.45 million tonnes in Q4 March 2018. Off take of raw coal stood at 163.51 million tonnes as against 158.86 million tonnes.

Coal India is the single largest coal producer in the world.

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