Coal India falls 3% post Q2 results but brokerages upbeat on PSU stock

Coal India reported ₹6,547 crore, with movement of 3% and 57% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.5% on the day at ₹383.35, and has returned -4.1% over three months. It sits 20% below its 52-week high. The metals & mining sector has moved -8.2% over the same period, so Coal India is running 4.1 points ahead of its peers.

For Coal India, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.