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Coal India Shares Today: Coal India Ltd shares rose 0.92 per cent to Rs 379.80 in early trade on Thursday, even as the company reported a 20 per cent year-on-year drop in consolidated net profit for Q1FY26. Net profit fell to Rs 8,734.17 crore, compared to Rs 10,943.55 crore in the same quarter last year.
The state-run miner also posted a decline in total income, which came in at Rs 37,458.05 crore, down from Rs 39,388.47 crore in Q1FY25.
Despite the weak earnings, the company’s board declared a first interim dividend of ₹5.50 per equity share (face value Rs 10) for FY26.
Brokerage Commentary on Coal India:
Citi: Neutral, target cut to Rs 375 from Rs 395
Morgan Stanley: Equalweight, target Rs 410
Jefferies: Buy, target Rs 455
While the results indicate margin pressure, analysts remain divided. Jefferies sees long-term upside in domestic coal demand, while Citi and Morgan Stanley take a more cautious view amid volume risks.
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