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( 29/11/2017 09:46)
Coal India up nearly 3% on salary hike for executives

Shares of Coal India rose nearly 3 per cent on the Bombay Stock Exchange after the state-run company said that it is considering hiking salary of its executives, which may cost the company about Rs 800 crore.

Cheering the news, shares of company gained as much as 2.67 per cent to touch an intra-day high of Rs 282.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were trading 1.84 per cent higher at Rs 279.40 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 33,632.82, up 14.23 points, or 0.04 per cent, at 9:50 hours.

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