Coal India Shares Today: Coal India Ltd shares rose 0.92 per cent to Rs 379.80 in early trade on Friday, even as the company reported a 20 per cent year-on-year drop in consolidated net profit for Q1FY26. Net profit fell to Rs 8,734.17 crore, compared to Rs 10,943.55 crore in the same quarter last year.

The state-run miner also posted a decline in total income, which came in at Rs 37,458.05 crore, down from Rs 39,388.47 crore in Q1FY25.

Despite the weak earnings, the company’s board declared a first interim dividend of Rs 5.50 per equity share (face value Rs 10) for FY26.

Coal India declares dividend

At a face value of Rs 10 per equity share, Coal India Ltd. has declared its first interim dividend for the fiscal year at Rs 5.50. August 6 is the record date for identifying shareholders who qualify. By August 30, dividends will be paid out, according to the company’s exchange filing. According to the most recent shareholding data released by the BSE in June, the anticipated total dividend payout is around Rs 3,390 crore.

Brokerage commentary on Coal India:

Citi: Neutral, target cut to Rs 375 from Rs 395

Morgan Stanley: Equalweight, target Rs 410

Jefferies: Buy, target Rs 455

While the results indicate margin pressure, analysts remain divided. Jefferies sees long-term upside in domestic coal demand, while Citi and Morgan Stanley take a more cautious view amid volume risks.

Coal India Ltd is trading at Rs 374.20, down Rs 2.15 (0.57 per cent) as of 1:26 PM IST on August 1. The stock has been on a losing streak for three consecutive days, going down by 2.2 per cent over this period. From a technical perspective, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.