March 6, 2017 / 4:06 AM / in 5 months

BUZZ-Coal India gains on unit's buyback offer

1 Min Read

** Shares of state-owned Coal India Ltd rise as much as 2.07; top pct gainer on the NSE index

** Unit Central Coalfields Ltd approves share buyback of up to 10.02 bln rupees, according to an exchange filing on Saturday (bit.ly/2lMQ7EF)

** Stock on track to record biggest single-day pct gain since Feb. 22

** Stock up about 7 pct this year as of Friday's close

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