Shares of Coal India Ltd fell by over 3 per cent in morning trade on Monday after the company reported a 17.7 per cent drop in its March quarter net profit.
The stock declined 3 per cent to Rs 230 on the BSE.
At the NSE, it fell by 3.11 per cent to Rs 230.
Coal India Ltd, the world’s largest coal miner, on Sunday reported a 17.7 per cent drop in its March quarter net profit on higher provision made for wage revision of employees.