Coal India Share: On Sunday, the company gave a big update on the exchange - keep an eye on the stock

News Topical, Digital Desk : Coal India on Sunday informed that the company has signed an MoU for mineral exploration in Madhya Pradesh. In the information given to the exchange, the company said that Coal India Limited (CIL), Mineral Resources Development Madhya Pradesh and Madhya Pradesh State Mining Corporation Limited have signed a non-binding MoU.

Under this MoU, all three will cooperate in mineral exploration in the state. Let us tell you that Coal India is a Maharatna PSU company and in the quarter ended June 2025, the consolidated profit of the company declined by more than 20 percent to Rs 8734 crore, which was Rs 10934 crore in this quarter a year ago.

Dividend was announced for investors During the quarter, the company's income declined by more than 4 percent to Rs 35,842 crore, which was Rs 37,503 crore in the June quarter a year ago. Coal India has also declared the first interim dividend of Rs 5.50 per share for the financial year 2026, for which the record date has been fixed as August 6, 2025. 

Share performance Coal India's stock closed at Rs 374.30 on Friday with a decline of 1.02 percent. In the last one year, the company's stock has seen a decline of 30.44 percent. 

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