{"id":383453,"date":"2020-11-10T11:41:46","date_gmt":"2020-11-10T06:11:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383453"},"modified":"2020-11-10T11:41:46","modified_gmt":"2020-11-10T06:11:46","slug":"coal-india-likely-to-decide-on-share-buyback-on-november-11","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-likely-to-decide-on-share-buyback-on-november-11\/","title":{"rendered":"Coal India likely to decide on share buyback on November 11"},"content":{"rendered":"<p>PSU miner Coal India (CIL) is likely to decide on the buyback of shares in its board meeting on November 11, in view of its stocks under-performing for quite sometime. A company official said buyback will prevent the declining value of stocks, leading to improvement in earning per share. \u201cIf the company decides the buyback of shares on a higher value than the current market price, it will signal the company\u2019s confidence in its business, thereby boosting investors sentiment.\u201d<\/p>\n<p>CIL shares recently registered their 52-week-low at Rs 109.50 per share, whereas the 52-week-high has been at Rs 215.85 per share. The company\u2019s stock closed at Rs 121.75 on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PSU miner Coal India (CIL) is likely to decide on the buyback of shares in its board meeting on November 11, in view of its stocks under-performing for quite sometime. A company official said buyback will prevent the declining value of stocks, leading to improvement in earning per share. \u201cIf the company decides the buyback of shares on a higher value than the current market price, it will signal the company\u2019s confidence in its business, thereby boosting investors sentiment.\u201d CIL shares recently registered their 52-week-low at Rs 109.50 per share, whereas the 52-week-high has been at Rs 215.85 per share. [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-383453","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=383453"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383453\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}