Coal India Ltd falls as much as 2.5 pct; stock among top pct losers on the broader NSE index.
State-owned miner on Sunday announced second interim dividend of 1.15 rupees per share for current financial year.
"Dividend amount declared slightly less than market expectations although fundamentally, core business of company remains intact," says Rahul Modi of Antique Stock Broking Ltd.
Up to Friday's close, stock had declined about 0.72 pct this year.
