New Delhi, Feb. 28 -- Coal India share price rallied over 3% on Friday after the company's subsidiary announced to impose additional charges on coal dispatches. Coal India shares jumped as much as 3.27% to Rs.375.75 apiece on the BSE.

The rally in Coal India shares comes despite the broader selling in the equity market. On February 28, the Indian stock market crashed, with both the benchmark indices, Sensex and Nifty 50, declining more than 1% each.

The Sensex cracked more than 1,000 points, while the Nifty 50 slipped below the 22,250 level, wiping off over Rs.6 lakh crore of investors' wealth.

Gains in Coal India stock price was on the back of an additional levy announced by one of its subsidiaries on coal dispatches.

Coal India's su...