The central government is selling a 2% stake in Coal India through OFS. This sale includes a base offer of 1% shares and an additional 1% stake sale if oversubscribed. Following this announcement, its shares fell 5% to ₹428 today, May 27. However, it has now recovered slightly and is back to ₹446. The government has set the floor price for this sale at ₹412 per share, which is about 11.2% lower than its previous closing price. The government aims to raise up to ₹5,000 crore. OFS window will be open on May 27 and May 29 Profit increased by 11% in the fourth quarter, with a ₹5.25 per share dividend Coal India’s performance remained stable in the March quarter (Q4). The company’s consolidated Profit After Tax (PAT) increased by 11% year-on-year to ₹10,908 crore. Revenue from operations also increased by about 6% to ₹46,490 crore. The company’s board has announced a dividend of ₹5.25 per share for FY26, which will be paid after shareholder approval at the upcoming AGM. During the quarter, EBITDA increased by 12% to ₹17,917 crore, and the EBITDA margin improved from 36% to 39%. Brokerage Firms’ Views and Future Targets Brokerage firm Elara Capital has maintained its ‘Accumulate’ rating on this stock and increased the target price from ₹458 to ₹522 per share. Knowledge Part : Offer for Sale (OFS): This is an easy way for promoters of listed companies to sell their stake transparently through the exchange. Mainly, large institutional and retail investors participate in this, and it is completed faster than a regular IPO. Post navigation Silver fell by ₹9,000 in two days, reaching ₹2.62 lakh:Gold became cheaper by ₹1,800; 10 grams of gold came down to ₹1.57 lakh Hyundai cars will become costlier by up to ₹12,800:Company decided to implement new prices from June 1, 2026, due to rising input costs
