October 31, 2018 / 4:29 AM / 13 days ago

BUZZ-Coal India hits over 3-week low as govt sells 3 pct stake

** State-run Coal India Ltd shares fall as much as 4.4 pct to 263.8 rupees, their lowest since Oct 8

** Co on Tuesday said the govt, which owns 78.3 pct of the coal miner, will sell a 3 pct stake

** Shares will be sold at a floor price of 266 rupees apiece and the sale will be conducted on Wednesday and Thursday, co said

** Coal India shares closed at 275.85 rupees on the National Stock Exchange on Tuesday

** Stock among top pct losers, drags on the NSE index

** More than 4.6 mln shares trade, vs 30-day avg of 3.6 mln shares

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