March 27, 2017 / 5:24 AM / 4 months ago

BUZZ-Coal India shares fall over 2 pct; dividend fails to cheer markets

1 Min Read

** Coal India Ltd falls as much as 2.5 pct; stock among top pct losers on the broader NSE index

** State-owned miner on Sunday announced second interim dividend of 1.15 rupees per share for current financial year bit.ly/2nqTViU

** "Dividend amount declared slightly less than market expectations although fundamentally, core business of company remains intact," says Rahul Modi of Antique Stock Broking Ltd

** Up to Friday's close, stock had declined about 0.72 pct this year

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