Coal India Share Price

  • 406.00-6.25 (-1.52%)
  • Volume: 1,41,41,967
  • Closed
  • Last Updated On: 21 Nov, 2024, 03:59 PM IST
Loading...

Coal India Share Price

  • 406.00-6.25 (-1.52%)
  • Volume: 1,41,41,967

Coal India share price insights

View All
  • In the last 14 years, only 0.58 % trading sessions saw intraday declines higher than 5 % .

  • Company witnessed QoQ revenue decline of 16.09%, which is lowest in the last 3 years. (Source: Consolidated Financials)

  • Stock gave a 3 year return of 168.74% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)

  • Company has spent less than 1% of its operating revenues towards interest expenses and 34.28% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)

  • Coal India Ltd. share price moved down by -1.52% from its previous close of Rs 412.25. Coal India Ltd. stock last traded price is 406.00

    Share PriceValue
    Today/Current/Last406.00
    Previous Day412.25412.20

InsightsCoal India

    Do you find these insights useful?

    • hate it

    • meh

    • love it

    Key Metrics

    PE Ratio
    (x)
    6.94
    EPS - TTM
    (₹)
    58.51
    MCap
    (₹ Cr.)
    2,50,206
    Sectoral MCap Rank
    1
    PB Ratio
    (x)
    3.04
    Div Yield
    (%)
    6.28
    Face Value
    (₹)
    10.00
    Beta

    Beta

    1 Month0.78
    3 Months0.76
    6 Months0.66
    1 Year0.52
    3 Years0.62

    0.78
    VWAP
    (₹)
    406.58
    52W H/L
    (₹)
    543.55 / 328.85

    Coal India Ltd Share Price Returns

    1 Day-1.52%
    1 Week-0.92%
    1 Month-16.36%
    3 Months-23.71%
    1 Year21.48%
    3 Years164.67%
    5 Years106.51%

    ET Stock ScreenersTop Score Companies

    Check whether Coal India Ltd belongs to analysts' top-rated companies list?

    View Stock Screeners

    Coal India Share Analysis

    Unlock Stock Score, Analyst' Ratings & Recommendations

    Share Analysis Non Prime User
    • View Stock Score on a 10-point scale
    • See ratings on Earning, Fundamentals, Valuation, Risk & Price
    • Check stock performance
    JOIN ET PRIME

    Coal India Share Recommendations

    Recent Recos

    BUY

    Current

    Mean Recos by 22 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy
    • Target₹601
    • OrganizationJM Financial
    • BUY
    • Target₹600
    • OrganizationMotilal Oswal Financial Services
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy9988
    Buy6678
    Hold4444
    Sell1111
    Strong Sell2222
    # Analysts22222223

    Coal India Financials

    • Insights

      • Quarterly Topline Performance

        Company witnessed QoQ revenue decline of 16.09%, which is lowest in the last 3 years. (Source: Consolidated Financials)
      • Employee & Interest Expense

        Company has spent less than 1% of its operating revenues towards interest expenses and 34.28% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
      Quarterly | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income32,177.9238,349.2139,654.5038,357.2334,760.30
      Total Income Growth (%)-16.09-3.293.3810.35-7.36
      Total Expenses23,953.5524,078.5728,066.2324,781.9925,817.57
      Total Expenses Growth (%)-0.52-14.2113.25-4.01-2.97
      EBIT8,224.3714,270.6411,588.2713,575.248,942.73
      EBIT Growth (%)-42.3723.15-14.6451.80-18.06
      Profit after Tax (PAT)6,289.1010,959.478,682.2010,130.186,799.77
      PAT Growth (%)-42.6126.23-14.2948.98-14.69
      EBIT Margin (%)25.5637.2129.2235.3925.73
      Net Profit Margin (%)19.5428.5821.8926.4119.56
      Basic EPS (₹)10.2117.7814.0916.4411.03
      Quarterly | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income4,276.05421.583,700.399,565.322,442.55
      Total Income Growth (%)914.29-88.61-61.31291.61114.16
      Total Expenses196.45298.67274.06172.92195.79
      Total Expenses Growth (%)-34.238.9858.49-11.6820.98
      EBIT4,079.60122.913,426.339,392.402,246.76
      EBIT Growth (%)3,219.18-96.41-63.52318.04129.58
      Profit after Tax (PAT)4,133.9787.463,336.229,316.402,196.19
      PAT Growth (%)0.00-97.38-64.19324.21139.23
      EBIT Margin (%)95.4129.1592.5998.1991.98
      Net Profit Margin (%)96.6820.7590.1697.4089.91
      Basic EPS (₹)6.710.145.4115.123.56
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue1,50,293.061,44,802.571,13,618.0293,818.391,02,185.74
      Total Revenue Growth (%)3.7927.4521.10-8.19-3.07
      Total Expenses1,01,907.281,06,793.6289,993.1575,806.1878,113.25
      Total Expenses Growth (%)-4.5818.6718.71-2.95-0.23
      Profit after Tax (PAT)37,402.2928,165.1917,358.1012,699.8916,714.19
      PAT Growth (%)32.8062.2636.68-24.02-4.28
      Operating Profit Margin (%)34.5727.9822.0220.7225.57
      Net Profit Margin (%)26.2720.3715.8214.1017.39
      Basic EPS (₹)60.6945.7028.1720.6127.12
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue16,848.7616,503.1412,067.548,319.4312,411.49
      Total Revenue Growth (%)2.0936.7645.05-32.978.09
      Total Expenses806.641,409.63710.70645.451,112.23
      Total Expenses Growth (%)-42.7898.3410.11-41.9720.82
      Profit after Tax (PAT)15,766.8314,802.3111,201.577,640.1011,280.88
      PAT Growth (%)6.5232.1446.62-32.277.75
      Operating Profit Margin (%)1,058.05773.921,003.451,198.831,337.55
      Net Profit Margin (%)1,039.76758.89989.601,193.291,334.76
      Basic EPS (₹)25.5824.0218.1812.4018.31

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets2,37,672.262,11,206.651,80,243.331,61,779.691,50,327.48
      Total Assets Growth (%)12.5317.1811.417.6213.27
      Total Liabilities1,54,090.361,53,191.081,36,426.501,24,821.251,17,776.48
      Total Liabilities Growth (%)0.5912.299.305.9811.26
      Total Equity83,581.9058,015.5743,816.8336,958.4432,551.00
      Total Equity Growth (%)44.0732.4018.5613.5421.18
      Current Ratio (x)1.701.571.621.641.71
      Total Debt to Equity (x)0.080.070.080.160.20
      Contingent Liabilities2,63,307.151,59,863.681,71,067.491,61,610.561,57,060.18
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets24,044.4323,430.6822,440.3022,498.5422,398.48
      Total Assets Growth (%)2.624.41-0.260.4517.64
      Total Liabilities6,718.706,724.236,082.355,746.835,585.18
      Total Liabilities Growth (%)-0.0810.555.842.8910.75
      Total Equity17,325.7316,706.4516,357.9516,751.7116,813.30
      Total Equity Growth (%)3.712.13-2.35-0.3720.12
      Current Ratio (x)7.595.087.268.217.88
      Total Debt to Equity (x)0.000.000.000.000.00
      Contingent Liabilities1,651.821,388.481,108.491,791.951,681.87

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Cash from Operations vs PAT

        Operating cash flow of Rs 18103.1 cr is 0.48 times compared to the reported net profit of Rs 37402.29 cr. (Source: Consolidated Financials)
      • Decrease in Cash from Investing

        Company has used Rs 4485.8 cr for investing activities which is an YoY decrease of 80.85%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities18,103.1035,686.2141,087.5110,559.854,977.24
      Net Cash used in Investing Activities-4,485.80-23,422.99-26,481.03338.871,032.84
      Net Cash flow from Financing Activities-13,899.27-13,661.14-13,441.24-8,455.40-4,790.87
      Net Cash Flow-281.97-1,397.921,165.242,443.321,219.21
      Closing Cash & Cash Equivalent5,345.465,665.386,277.525,234.422,791.10
      Closing Cash & Cash Equivalent Growth (%)-5.65-9.7519.9387.5422.65
      Total Debt/ CFO (x)0.350.120.080.561.29
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities401.371,211.012,157.35414.62-2,050.65
      Net Cash used in Investing Activities14,572.6412,652.838,884.906,453.5410,439.20
      Net Cash flow from Financing Activities-15,097.85-14,328.07-10,783.37-7,706.55-7,396.48
      Net Cash Flow-123.84-464.23258.88-838.39992.07
      Closing Cash & Cash Equivalent43.25167.09471.54212.661,051.05
      Closing Cash & Cash Equivalent Growth (%)-74.12-64.57121.73-79.77-5.22
      Total Debt/ CFO (x)0.000.030.000.000.00

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)45.2149.2040.2334.7751.97
      Return on Capital Employed (%)27.8927.1519.6716.9324.26
      Return on Assets (%)15.7313.339.637.8511.11
      Interest Coverage Ratio (x)68.2763.3852.8128.9448.87
      Asset Turnover Ratio (x)0.630.020.0155.6463.91
      Price to Earnings (x)7.154.686.506.335.16
      Price to Book (x)3.232.302.612.202.68
      EV/EBITDA (x)4.372.233.063.102.31
      EBITDA Margin (%)39.3031.3626.0624.8429.16
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)91.0088.6068.4745.6067.09
      Return on Capital Employed (%)68.2166.3551.7234.9152.02
      Return on Assets (%)65.5763.1749.9133.9550.36
      Interest Coverage Ratio (x)7,924.877,884.577,586.114,827.402,149.15
      Asset Turnover Ratio (x)0.060.090.052.843.77
      Price to Earnings (x)16.988.9010.0710.537.65
      Price to Book (x)15.437.886.894.805.13
      EV/EBITDA (x)16.528.629.8610.417.50
      EBITDA Margin (%)1,060.91776.121,005.291,201.911,343.99
    • MANAGEMENT DISCUSSION AND ANALYSIS (FY 19-20)

      • Ambitious production targets

        CIL had envisaged coal supply target of 710 Mt in 2020-21 which is a growth of about 22% over the previous year. About 80% of the said supply would be consumed by power sector only. CIL?s growth plan for the future is in synergy with the ambitious plan of the Government for 24�7 power supply to all homes in the country.

      • Baby step toward clean energy

        With a view to promote cleaner and alternate use of coal, CIL is exploring possibilities for setting-up a Surface Coal Gasification based Coal-to-Methanol plant of 0.676 MTPA capacity (Methanol) at DCC near Kolkata.

      • Future capital expenditure

        CIL is also exploring opportunities to diversify into coal to chemical business. This is to ensure greater value addition and thereby improving financial performance of the company and ensuring long term sustenance. CIL has planned a capital investment of 10000 Crores for maintaining its volume growth in 2020-21 and beyond.

    Financial InsightsCoal India

    • Income (P&L)
    • Cash Flow
      • Quarterly Topline Performance

        Company witnessed QoQ revenue decline of 16.09%, which is lowest in the last 3 years. (Source: Consolidated Financials)

      • Employee & Interest Expense

        Company has spent less than 1% of its operating revenues towards interest expenses and 34.28% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)

      • Cash from Operations vs PAT

        Operating cash flow of Rs 18103.1 cr is 0.48 times compared to the reported net profit of Rs 37402.29 cr. (Source: Consolidated Financials)

      • Decrease in Cash from Investing

        Company has used Rs 4485.8 cr for investing activities which is an YoY decrease of 80.85%. (Source: Consolidated Financials)

    Do you find these insights useful?

    • hate it

    • meh

    • love it

    Coal India Share Price Forecast

    • Get multiple analysts’ prediction on Coal India

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL
    • Get multiple analysts’ prediction on Coal India

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL
    • Get multiple analysts’ prediction on Coal India

      Stock Forecast Non Prime User
      • High, low, medium predictions for Price
      • Upcoming predictions for Revenue
      • Details about company earnings
      START FREE TRIAL

    Coal India Technicals

    • Bullish / Bearish signals for Coal India basis selected technical indicators and moving average crossovers.

      Heikin-Ashi Changeover

      Bearish indication on daily chart

      • Prev. Close Price

        409.28

      • LTP

        406.00

      Formed on:21 Nov 2024

      On daily price chart, Heikin-Ashi candle changed from Green to Red

    • 45%
      Positive Movement since
      1st Jan 2005 on basis
      54%
      Negative Movement since
      1st Jan 2005 on basis
      Exclude
    • Pivot Levels

      R1R2R3PIVOTS1S2S3
      Classic411.88417.77427.52408.02402.13398.27388.52

      Average True Range

      5 DAYS14 DAYS28 DAYS
      ATR10.6111.6112.12

    Coal India Ltd Peer Comparison

    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 168.74% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)
      • Stock Returns vs Nifty Metal

        Stock generated 168.74% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
      Loading...
    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 168.74% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)
      • Stock Returns vs Nifty Metal

        Stock generated 168.74% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)

      Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      Coal India Ltd6.942.9945.2127.8915.7316.8234.5725.9560.691.700.080.35
      NMDC10.492.4821.7330.4915.6312.8539.0126.1419.022.560.130.45
      KIOCL-172.0011.10-4.34-2.31-3.41-8.31-2.66-4.49-1.374.420.030.61
      Guj Mineral Dev.16.081.6710.0911.998.3722.1133.1924.9219.414.740.000.00
      Sandur Manganese19.603.1711.0915.009.2320.2027.5519.0514.784.920.060.85
      Add More
      Annual Ratios (%)

      Choose from Peers

      • MOIL
      • Orissa Minerals
      • Ashapura Minechem
      • 20 Microns

      Choose from Stocks

      Peers InsightsCoal India

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 168.74% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)

      • Stock Returns vs Nifty Metal

        Stock generated 168.74% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)

      Do you find these insights useful?

      • hate it

      • meh

      • love it

      Coal India Shareholding Pattern

      • Loading...
        Showing Coal India Shareholding as on 30 Sep 2024
        Category30 Sep 202430 Jun 202431 Mar 202431 Dec 2023
        Promoters63.1363.1363.1363.13
        Pledge0.000.000.000.00
        FII9.168.398.418.59
        DII22.4923.0923.1122.95
        Mutual Funds10.5410.7410.7910.36
        Others5.215.385.345.32
      • Showing Shareholding as on 30 Sep 2024
        CategoryNo. of SharesPercentage% Change QoQ
        Promoters3,89,07,35,93863.13 %0.00
        Pledge00.00 %0.00
        FII56,47,41,1349.16 %0.76
        DII1,38,61,13,14322.49 %-0.60
        MF64,93,00,54310.54 %-0.20
        Others32,11,38,1125.21 %-0.16

      Coal India MF Ownership

      MF Ownership as on 31 October 2024

      Coal India Ltd F&O Quote

        • Expiry

        Price

        407.25-5.65 (-1.37%)

        Open Interest

        5,68,54,350-244,650 (-0.43%)

        OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
        412.55412.90404.80412.907,23564,865.85

        Open Interest as of 21 Nov 2024

        • Type
        • Expiry
        • Strike Price

        Price

        4.95-3.70 (-42.77%)

        Open Interest

        3,20,2501,47,000 (84.85%)

        OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
        8.108.604.158.658457,713.79

        Open Interest as of 21 Nov 2024

      Coal India Corporate Actions

      • Meeting DateAnnounced onPurposeDetails
        Oct 25, 2024Oct 14, 2024Board MeetingQuarterly Results & Interim Dividend
        Aug 21, 2024Jul 29, 2024AGM-
        Jul 31, 2024Jul 25, 2024Board MeetingQuarterly Results
        May 02, 2024Apr 18, 2024Board MeetingAudited Results & Final Dividend
        Feb 12, 2024Jan 29, 2024Board MeetingQuarterly Results & Interim Dividend
      • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
        Interim157%15.75Nov 05, 2024Oct 14, 2024
        Final50%5.0Aug 16, 2024May 02, 2024
        Interim52%5.25Feb 20, 2024Jan 30, 2024
        Interim152%15.25Nov 21, 2023Oct 18, 2023
        Final40%4.0Aug 18, 2023May 08, 2023
      • No other corporate actions details are available.

      About Coal India

      Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 2,50,206.77 Crore) operating in Mining sector. Coal India Ltd. key Products/Revenue Segments include Other Operating Revenue and Coal for the year ending 31-Mar-2024. Show More

      • Executives

      • Auditors

      • PM

        P M Prasad

        Chairman & Managing Director
        PM

        P M Prasad

        Chief Executive Officer
        NM

        Nagaraju Maddirala

        Government Nominee Director
        NK

        Nirupama Kotru

        Government Nominee Director
        Show More
      • Lodha & Co.
        Ray & Ray

      FAQs about Coal India share

      • 1. What is Coal India Ltd share price and what are the returns for Coal India Ltd share?
        Coal India Ltd share price was Rs 406.00 as on 21 Nov, 2024, 03:59 PM IST. Coal India Ltd share price was down by 1.52% based on previous share price of Rs. 413.35.
      • 2. What has been highest price of Coal India Ltd share in last 52 weeks?
        52 Week high of Coal India Ltd share is Rs 543.55 while 52 week low is Rs 328.85
      • 3. What is the CAGR of Coal India Ltd?
        The CAGR of Coal India Ltd is 12.13.
      • 4. Who are the peers for Coal India Ltd in Mining sector?
        Top 8 Peers for Coal India Ltd are NMDC Ltd., KIOCL Ltd., Gujarat Mineral Development Corporation Ltd., MOIL Ltd., Sandur Manganese & Iron Ores Ltd., The Orissa Minerals Development Company Ltd., Ashapura Minechem Ltd. and 20 Microns Ltd.
      • 5. Who is the chairman of Coal India Ltd?
        P M Prasad is the Chairman & Managing Director of Coal India Ltd
      • 6. What is the PE & PB ratio of Coal India Ltd?
        The PE ratio of Coal India Ltd stands at 7.05, while the PB ratio is 3.04.
      • 7. Is Coal India Ltd giving dividend?
        Coal India Ltd. announced an equity dividend of 157% on a face value of 10.0 amounting to Rs 15.75 per share on 14 Oct 2024. The ex dividend date was 05 Nov 2024.
      • 8. What are the key metrics to analyse Coal India Ltd Share Price?
        Key Metrics for Coal India Ltd are:
        • PE Ratio of Coal India Ltd is 6.94
        • Price/Sales ratio of Coal India Ltd is 1.88
        • Price to Book ratio of Coal India Ltd is 3.04
      • 9. What's the market capitalization of Coal India Ltd?
        Coal India Ltd share has a market capitalization of Rs 2,50,207 Cr. Within Mining sector, it's market cap rank is 1.
      • 10. What are the Coal India Ltd quarterly results?
        Total Revenue and Earning for Coal India Ltd for the year ending 2024-03-31 was Rs 150293.06 Cr and Rs 37402.29 Cr on Consolidated basis. Last Quarter 2024-09-30, Coal India Ltd reported an income of Rs 32177.92 Cr and profit of Rs 6289.10 Cr.
      • 11. What are the returns for Coal India Ltd share?
        Return Performance of Coal India Ltd Shares:
        • 1 Week: Coal India Ltd share price moved down by 0.92%
        • 3 Month: Coal India Ltd share price moved down by 23.71%
      • 12. Who is the CEO of Coal India Ltd?
        P M Prasad is the Chief Executive Officer of Coal India Ltd
      • 13. Who are the key owners of Coal India Ltd stock?
        Following are the key changes to Coal India Ltd shareholding:
        • Promoter holding has not changed in last 9 months and holds 63.13 stake as on 30 Sep 2024
        • Domestic Institutional Investors holding have gone down from 22.95 (31 Dec 2023) to 22.49 (30 Sep 2024)
        • Foreign Institutional Investors holding has gone up from 8.59 (31 Dec 2023) to 9.16 (30 Sep 2024)
        • Other investor holding have gone down from 5.32 (31 Dec 2023) to 5.21 (30 Sep 2024)

      Trending in Markets

      Top Gainers As on 03:59 PM | 21 Nov 2024

      Vijaya Diagnostic1,147.90
      79.16 (7.41%)
      VIP Ind.493.40
      33.30 (7.24%)
      Ratnamani Metal3,638.60
      234.80 (6.90%)
      NLC India 253.00
      16.00 (6.76%)
      Crisil5,589.50
      320.61 (6.09%)

      Top Losers As on 03:59 PM | 21 Nov 2024

      Adani Ent.2,183.65
      -637.85 (-22.61%)
      Adani Transmission697.25
      -174.30 (-20.00%)
      Adani Green1,145.70
      -267.00 (-18.90%)
      Adani Ports SEZ1,114.65
      -175.00 (-13.57%)
      Ambuja Cements484.15
      -65.40 (-11.91%)

      DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

      DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The content and any output of such tools/analysis is for informational purposes only and should not be relied upon or construed as an investment advice or guarantee for any specific performance/returns advice or considered as recommendation for the purchase or sale of any security or investment. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions.

      By using this site, you agree to the Terms of Service and Privacy Policy.

      The Economic Times