Coal India's operating profit may beat estimates: StarMine

May 29 2014, 11:05 IST
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Coal Indian shares are down 0.8 percent as of 0424 GMT. (Reuters) Coal Indian shares are down 0.8 percent as of 0424 GMT. (Reuters)
SummaryCoal India's operating profit may beat consensus estimates...

Coal India's operating profit may beat consensus estimates when the miner reports January-March results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Coal India to report an operating profit of 63.73 billion rupees ($1.08 billion) in the quarter, compared with a consensus mean estimate of 59.08 billion rupees.

Coal India shares are down 0.8 percent as of 0424 GMT.

($1 = 58.8750 Indian Rupees)

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