Why Coal India shares fell 2% despite strong Q2 revenue growth

Resumen del corpus

Coal India shares experienced a 2% decline despite reporting strong Q2 revenue growth. The stock fell after investors digested a miss on operating profit, with the EBITDA per tonne missing estimates due to aggressive inventory liquidation. However, the company reported a 21% year-on-year revenue increase and a 28% rise in adjusted EBITDA, though the quarter-on-quarter performance was sharp. Brokerage reactions were mixed, with some analysts maintaining 'BUY' ratings, while others expressed caution regarding the recovery timeline.