Shares of Coal India are expected to be in focus as the stock begins trading ex-dividend ahead of the record date on January 31. The state-owned company has declared a second interim dividend of Rs 5.

Coal India’s Q3 results showed mixed performance, with a YoY profit drop but sequential gains. Analysts are divided, with Motilal Oswal upbeat and Kotak lowering its target due to weak growth.

Coal India’s board will discuss quarterly results and mull declaring an interim dividend. The firm has consistently paid dividends since 2011, with a current yield of 6.82%. Profit and revenue are expected to decline year-on-year for Q3 FY25.