{
  "id": 17185608,
  "title": "Why Coal India shares fell 2% despite strong Q2 revenue growth",
  "url": "https://urgent.news/2026/10/30/why-coal-india-shares-fell-2-despite-strong-q2-revenue-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T05:24:52.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/coal-india-shares-slip-2-after-q2-ebitda-misses-despite-strong-revenue-beat/article71643744.ece"
  },
  "original_language": "en",
  "account": "Coal India shares experienced a 2% decline on Friday despite a robust second quarter revenue growth. The stock opened at ₹398 and peaked at ₹398.05 but swiftly declined to ₹380.40 as investors grappled with a decrease in operating profit. By mid-morning, over 1.06 crore shares had been traded with a majority of buy orders - 58%. The stock's current trading price is below its 52-week high of ₹491.25 reached in April, having dropped by nearly 9.5% in the past month. Analyst responses were divided. JM Financial kept an ADD rating with a reduced target of ₹438 from ₹458, citing that EBITDA per tonne was ₹399, missing estimates by 28%, primarily due to aggressive inventory liquidation. Motilal Oswal maintained a BUY rating with a revised target of ₹450, adjusting the FY27 EBITDA estimate downward by 5% to consider increased costs for explosives, fuel, and contractual expenses, but kept FY28 estimates as is. Elara Securities was the most optimistic, retaining a BUY rating with a target of ₹522, acknowledging the quarter was in line with estimates while noting that coal offtake surged 12% year-on-year to 186.34 million tonnes. Coal India's Q2FY27 revenue was ₹44,170 crore, a 21% increase year-on-year. Adjusted EBITDA rose by 28% year-on-year to ₹7,400 crore, but dipped significantly quarter-on-quarter. PAT was ₹6,500 crore, a 52% increase year-on-year. The board also approved a second interim dividend of ₹10.25 per share for the TY 2026-27 fiscal year, bringing total dividends in the first half to ₹15.75 per share.",
  "summary": "Brokerage reactions were mixed; JM Financial maintained an ADD rating on the stock",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "BIS Central Bank Speeches",
        "title": "Economic resilience, thinner buffers, emerging risks globally - where does India stand?",
        "url": "https://urgent.news/2026/10/29/economic-resilience-thinner-buffers-emerging-risks-globally-where",
        "published": "2026-10-29T00:00:00.000Z"
      },
      {
        "outlet": "The Economic Times - Economy",
        "title": "IMF flags Super El Niño risks to India’s growth, says impact yet to materialise",
        "url": "https://urgent.news/2026/10/29/imf-flags-super-el-nino-risks-to-indias-growth-says-impact-yet-to",
        "published": "2026-10-29T17:36:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}