{"id":635646,"date":"2024-02-21T10:26:01","date_gmt":"2024-02-21T04:56:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=635646"},"modified":"2024-02-21T12:19:58","modified_gmt":"2024-02-21T06:49:58","slug":"coal-india-dips-8-in-2-days-as-mgmt-flags-drop-in-e-auction-premium-in-q4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-dips-8-in-2-days-as-mgmt-flags-drop-in-e-auction-premium-in-q4\/","title":{"rendered":"Coal India dips 8% in 2 days as mgmt flags drop in e-auction premium in Q4"},"content":{"rendered":"<p>Shares of Coal India were under pressure for the second straight session on Tuesday, slipping 4 per cent on BSE to 441.35. The stock is now down 8 per cent in two days on profit booking following management&#8217;s comments that e-auction premiums have declined in the current quarter.  <\/p>\n<p>The company reportedly told analysts that e-auction premiums dropped to 48-50 per cent in January 2024 and 38 percent in February 2024. <\/p>\n<p>With today\u2019s decline, the stock of the state-owned company has corrected nearly 10 per cent from its record high level of Rs 487.75 touched in Friday\u2019s intra-day trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Coal India were under pressure for the second straight session on Tuesday, slipping 4 per cent on BSE to 441.35. The stock is now down 8 per cent in two days on profit booking following management&#8217;s comments that e-auction premiums have declined in the current quarter. The company reportedly told analysts that e-auction premiums dropped to 48-50 per cent in January 2024 and 38 percent in February 2024. With today\u2019s decline, the stock of the state-owned company has corrected nearly 10 per cent from its record high level of Rs 487.75 touched in Friday\u2019s intra-day trade.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-635646","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/635646","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=635646"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/635646\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=635646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=635646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=635646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}