Coal India Limited’s shares dropped by 2.76% on November 8, bringing the stock price down to ₹423.35. This decline in share price has led to a market cap loss of approximately ₹7,400 crore, reducing the company’s total market capitalization to ₹2,60,899.10 crore.
The decrease in share value follows a day of heavy trading, with a traded volume of 56.58 lakh shares on the NSE. The stock recently hit a 52-week low of ₹314.55 on the same day, indicating ongoing volatility in the company’s performance amidst broader market trends.
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