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Buy Coal India Ltd For Target Rs.560 By Motilal Oswal Financial Services Ltd Revenue in line; earnings hit by weak e-auction volumes and high costs * 2QFY25 revenue stood at INR307b (-6% YoY/-16% QoQ), in line with our est. of INR317b. Blended ASP stood at INR1,622/t (-6% YoY and -3% QoQ), 8% below our estimate. * Adj. EBITDA (excluding OBR costs) stood at INR72b (-20% YoY/-38% QoQ), below our est. of INR99b due to lower-than-expected e-auction volumes and elevated costs. Adj. EBITDA/t stood at INR426/t (-17% YoY/-27% QoQ) vs. our estimate of INR595/t....
Buy Coal India Ltd For Target Rs.560 By Motilal Oswal Financial Services Ltd
Buy Coal India Ltd For Target Rs.560 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-10 09:14:59 am
Buy Coal India Ltd For Target Rs. 614 By Centrum Broking Ltd Lower volumes drags earnings; outlook positive Coal India (COAL IN) reported lower than our estimate EBITDA ex OBR at Rs71.5bn (CentrumE: Rs75.7bn), down 20% YoY/ down 38% QoQ. The underperformance is primarily due to lower realisation and also lower volumes resulting in higher CoP on account of higher fixed cost. Sales volume decline by 3.5% YoY to 168.1mt in Q2FY25. However, blended realisation/t declined by 5.8% YoY primarily due to sharp decline in FSA realisation as well as fall in e-...
Buy Coal India Ltd For Target Rs. 614 By Centrum Broking Ltd
Buy Coal India Ltd For Target Rs. 614 By Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-11-08 05:07:25 pm
Coal India Ltd steps into 50th year with 9-fold leap in production State-owned Coal India Limited (CIL) stepped into its 50th year of inception, recording a spectacular 8.7-fold growth in production from 89 million tonne (MT) during 1975-76, to a massive 773.6 MT output in the FY 2024. With 80 per cent of its entire supplies directed to coal-based power plants at highly competitive rates, CIL plays a key role in enabling citizens to get power at a just price. The country’s largest coal company came into being on November 1, 1975, as an apex holdi...
Coal India Ltd steps into 50th year with 9-fold leap in production
Coal India Ltd steps into 50th year with 9-fold leap in production
Source: IANS
2024-11-02 02:47:23 pm
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital Coal India Ltd CMP: 487 | Entry Range: On declines till 470 Target (TGT): 545/580/610 | Stop Loss (SL): 450 * After making the highs of 543 zones, stock has corrected over 10% in recent times and been consolidating. On daily chart basis, time and again the stock has shown strong reversals from 475 levels. * The stock has seen trend turning upside on weekly basis – up by 4%, with short covering visible aggressively. Chain also reflects good support built-up by PE writers around ...
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:48:24 am
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital ABB Ltd The stock has been in a strong uptrend and since the last three months has been in consolidation near the significant 50EMA zone of 7800 levels maintaining the trend with recently indicating a decent pullback from 7750 levels to improve the bias and has confirmed a breakout above the resistance zone of 8300 to further strengthen the trend. With the RSI on the rise indicating strength, we anticipate further rise and suggest to buy the stock for an upside positional target of 12300 k...
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:20:00 am
Coal India declines on reporting 22% fall in Q2 consolidated net profit Coal India is currently trading at Rs. 448.85, down by 12.30 points or 2.67% from its previous closing of Rs. 461.15 on the BSE. The scrip opened at Rs. 452.00 and has touched a high and low of Rs. 457.10 and Rs. 435.20 respectively. So far 791973 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 544.70 on 26-Aug-2024 and a 52 week low of Rs. 306.00 on 01-Nov-2023. Last one week high and low of the scrip stood at...
Coal India declines on reporting 22% fall in Q2 consolidated net profit
Coal India declines on reporting 22% fall in Q2 consolidated net profit
Source: Accord Fintech
2024-10-28 11:54:59 am
Adani Power`s bid for KSK Mahanadi Power forces other bidders to raise offers After Adani Power, which submitted a bid of Rs 12,500 crore for the acquisition of the KSK Mahanadi Power plant in Chhattisgarh, other bidders have revised their offers upwards and the final number could be much higher, according to reports.   Following the implementation of the Committee of Creditors (CoC) Challenge Mechanism, lenders to the distressed power plant are now hopeful of a full recovery from the non-performing asset, an extremely rare feat in the Insolvency and Bankruptcy...
Adani Power`s bid for KSK Mahanadi Power forces other bidders to raise offers
Adani Power`s bid for KSK Mahanadi Power forces other bidders to raise offers
Source: IANS
2024-10-26 09:39:45 am
Ahasolar Technologies rises on bagging work order from Coal India Ahasolar Technologies is currently trading at Rs. 342.45, up by 1.50 points or 0.44% from its previous closing of Rs. 340.95 on the BSE. The scrip opened at Rs. 349.50 and has touched a high and low of Rs. 350.10 and Rs. 339.00 respectively. So far 3200 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 657.75 on 05-Mar-2024 and a 52 week low of Rs. 207.00 on 06-Dec-2023. Last one week high and low of the scrip st...
Ahasolar Technologies rises on bagging work order from Coal India
Ahasolar Technologies rises on bagging work order from Coal India
Source: Accord Fintech
2024-09-24 11:44:07 am
Coal India trades higher on signing Joint Venture agreement with RRVUNL Coal India is currently trading at Rs. 503.65, up by 2.90 points or 0.58% from its previous closing of Rs. 500.75 on the BSE. The scrip opened at Rs. 506.85 and has touched a high and low of Rs. 506.85 and Rs. 501.55 respectively. So far 191294 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 544.70 on 26-Aug-2024 and a 52 week low of Rs. 281.20 on 25-Sep-2023. Last one week high and low of the scrip stood at Rs...
Coal India trades higher on signing Joint Venture agreement with RRVUNL
Coal India trades higher on signing Joint Venture agreement with RRVUNL
Source: Accord Fintech
2024-09-24 11:38:18 am
Buy Coal India Ltd For Target Rs. 600 By Motilal Oswal Financial Services Ltd Volume growth outlook remains robust Dispatches to clock ~8% CAGR over FY24-26 * Coal India (COAL) reported a production of 46.1mt in Aug’24, down 12% YoY. Accordingly, during Apr-Aug’24, total production reached 290mt (+3% YoY) and dispatches stood at 308mt (+1% YoY). The sluggishness in volume growth recently is primarily driven by the erratic monsoon (especially in key coal-producing states - Odisha, Jharkhand, and West Bengal) as compared to muted rainfall during last y...
Buy Coal India Ltd For Target Rs. 600 By Motilal Oswal Financial Services Ltd
Buy Coal India Ltd For Target Rs. 600 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-09-21 11:17:42 am
Buy Coal India Ltd For Target Rs. 601 By JM Financial Services A few dips does not change future; maintain BUY Coal India reported a production of 46.1 MT in August 2024, a 12% YoY decline due to extended monsoon rains, especially in key coal-producing states like Odisha, Jharkhand, and West Bengal. Global coal prices have corrected significantly, driven by oversupply in China, leading to the consolidation of Indonesian coal (5,900 GAR) prices around USD 92-96/t, and Coal India’s e-auction prices too remain range-bound INR 2,300-2,500/t. With a ...
Buy Coal India Ltd For Target Rs. 601 By JM Financial Services
Buy Coal India Ltd For Target Rs. 601 By JM Financial Services
Source: JM Financial Services
2024-09-20 05:54:56 pm
Sponge iron production clocks 8 pc growth in India, set to rise above 75 MT by FY30 The production of direct reduced iron (DRI), also known as sponge iron, registered a compound annual growth rate (CAGR) of 8 per cent in India to 51.5 metric tonnes (MT) in fiscal 2024 from 34.7 MT in fiscal 2019, outpacing the 5 per cent growth in crude steel output, a report showed on Monday.  India is the largest DRI producer in the world with its production set to rise above 75 MT by fiscal 2030 from 51.5 MT in fiscal 2024, according to a Crisil report. Small and mid-sized play...
Sponge iron production clocks 8 pc growth in India, set to rise above 75 MT by FY30
Sponge iron production clocks 8 pc growth in India, set to rise above 75 MT by FY30
Source: IANS
2024-09-16 03:50:53 pm
India`s coal production sees 6.48 pc growth at 384 MT in April-August  The coal production in India reached 384.08 million tonnes (MT) up to August in the current fiscal, a growth of 6.48 per cent compared to 360.71 MT during the same period in FY24, the government said on Monday.  According to the Ministry of Coal, the production of Coal India Limited (CIL) surged to 290.39 MT during the period of April-August, marking a growth of 3.17 per cent as compared to 281.46 MT during the corresponding period of last period. Coal production from captive...
India`s coal production sees 6.48 pc growth at 384 MT in April-August
India`s coal production sees 6.48 pc growth at 384 MT in April-August
Source: IANS
2024-09-02 04:46:11 pm
Coal sector PSUs step up healthcare drive for poor with Rs 800 crore CSR budget Coal India Limited (CIL), its subsidiaries, NLCIL are making a profound impact on community well-being, with an annual commitment of approximately Rs 800 crore towards Corporate Social Responsibility (CSR) initiatives related to healthcare, education, environment sustainability and women empowerment, according to a Coal Ministry statement issued on Monday.    CIL's flagship health initiative, the Thalassemia Bal Sewa Yojana (TBSY), has reached a significant milestone with the...
Coal sector PSUs step up healthcare drive for poor with Rs 800 crore CSR budget
Coal sector PSUs step up healthcare drive for poor with Rs 800 crore CSR budget
Source: IANS
2024-08-20 09:55:55 am
Higher coal production leads to decline in prices in June Coal prices came down in the country during June, indicating an increase in the availability of the fuel to meet the growing demand in the economy, according to a Coal Ministry statement issued on Friday.   "The National Coal Index, which reflects prices, has shown a significant decline of 3.48 per cent in June 2024 at 142.13 points compared to the corresponding figure of 147.25 points for June 2023. This notable decrease indicates sufficient availability of coal in the market to...
Higher coal production leads to decline in prices in June
Higher coal production leads to decline in prices in June
Source: IANS
2024-08-17 08:57:16 am
Government unveils plan to boost coal production through hi-tech global mining operators The Ministry of Coal has embarked on a transformative initiative to modernise coal mining by engaging global Mining Developers cum Operators (MDOs) for major coal mine projects under Coal India Limited (CIL) to significantly enhance coal production, reduce reliance on imported coal with the introduction of cutting-edge technology into the mining sector.   The Coal Ministry said on Tuesday that these MDOs are tasked with excavating, extracting, and delivering coal to Coal India Limi...
Government unveils plan to boost coal production through hi-tech global mining operators
Government unveils plan to boost coal production through hi-tech global mining operators
Source: IANS
2024-08-13 05:44:09 pm
Buy Coal India Ltd For Target Rs.589 By Geojit Financial Services Ltd Improved volume, outlook positive Coal India Ltd (CIL) is the largest coal producer in the world. Its output in FY24 stood at 774 million tonne (MT). * In Q1FY25, CIL’s consolidated revenue grew merely 0.3% YoY, driven primarily by higher sales via the fuel supply agreements (FSAs), partially offset by lower revenue from e-auctions. * EBITDA increased 5.6% YoY and margin expanded 160bps YoY to 39.3% owing to low cost of materials consumed. * CIL’s Q1 earnings were dece...
Buy Coal India Ltd For Target Rs.589 By Geojit Financial Services Ltd
Buy Coal India Ltd For Target Rs.589 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-08-13 03:55:47 pm
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas Leading Maharatna public sector companies Coal India Limited and GAIL (India) Limited have signed a landmark joint venture agreement for setting up a Coal to Synthetic Natural Gas plant using surface coal gasification technology, the Ministry of Coal announced on Tuesday.  The plant to come up in the Raniganj area of Eastern Coalfields Limited in West Bengal is expected to produce 80000 Nm3 per hour of Synthetic Natural Gas (SNG). The annual production is slated at 633.6 million Nm3 p...
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas
Source: IANS
2024-08-06 06:18:20 pm
Buy Coal India Ltd For Target Rs.601 By JM Financial Services Coal India (CIL) reported consolidated net revenue INR 364bn (1.3% YoY, 6% JMFe); Adj. EBITDA (ex-OBR) came in at INR 115bn (3.4% YoY, 11% JMFe); Adj PAT stood at INR 81bn (1% YoY, 4% JMFe). Deviations from estimates are primarily due to restated Q1FY24 financials leading to increase in total expenses by INR 24bn and reduction in EBITDA by INR 30bn. E-auction realizations moderated 2% QoQ to INR 2441/t during 1QFY25. Given the continued momentum in power demand (1QFY25 peak power/energy deman...
Buy Coal India Ltd For Target Rs.601 By JM Financial Services
Buy Coal India Ltd For Target Rs.601 By JM Financial Services
Source: JM Financial Services
2024-08-05 05:13:59 pm
Stock Picks : State Bank of India Ltd And Coal India Ltd By ICICI Direct State Bank of India Ltd. Buy State Bank of India Ltd @ 879-881 Target 890.00 Stop Loss 874.80   Coal India Ltd. Buy Coal India Ltd @ 511-512 Target 518.00 Stop Loss 508.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : State Bank of India Ltd And Coal India Ltd By ICICI Direct
Stock Picks : State Bank of India Ltd And Coal India Ltd By ICICI Direct
Source: ICICI Direct
2024-07-18 10:37:34 am
Buy Coal India Ltd For Target Rs. 540 By JM Financial Services Sustained production; Stable prices; Strengthening story Sustained growth in production (83.91MT in May’24 vs. 76MT in May’23, +10% YoY) in response to surging energy/ peak power demand (12.5% YoY/13% YoY during 2MFY25) and commensurate increase in thermal power generation (+11.4% YoY Apr-May’24) is likely to enable Coal India (CIL) to achieve its production target of 838MT in FY25, +8.5% YoY. Taking cues from global markets and domestic demand, e-auction prices remains r...
Buy Coal India Ltd For Target Rs. 540 By JM Financial Services
Buy Coal India Ltd For Target Rs. 540 By JM Financial Services
Source: JM Financial Services
2024-07-11 12:35:17 pm
India`s coal production surges by 14.5 pc to 84.6 million tonnes in June India’s coal production registered a robust 14.5 per cent growth in June this year to touch the 84.63 million tonnes mark compared to 73.92 million tonnes in the same month last year, according to the latest figures released by the Ministry of Coal. Coal India Limited (CIL) achieved coal production of 63.10 million tonnes (MT), marking a growth of 8.87 per cent compared to the same period last year when it was 57.96 MT. Additionally, coal production by captive/other companies in June...
India`s coal production surges by 14.5 pc to 84.6 million tonnes in June
India`s coal production surges by 14.5 pc to 84.6 million tonnes in June
Source: IANS
2024-07-03 12:52:07 pm
Coal India surges on reporting 8.9% rise in coal production during June 2024 Coal India is currently trading at Rs. 482.55, up by 7.75 points or 1.63% from its previous closing of Rs. 474.80 on the BSE. The scrip opened at Rs. 478.00 and has touched a high and low of Rs. 484.95 and Rs. 476.05 respectively. So far 339393 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 527.20 on 03-Jun-2024 and a 52 week low of Rs. 226.10 on 21-Aug-2023. Last one week high and low of the scrip stood at Rs...
Coal India surges on reporting 8.9% rise in coal production during June 2024
Coal India surges on reporting 8.9% rise in coal production during June 2024
Source: Accord Fintech
2024-07-02 12:03:36 pm
Coal Ministry launches India’s first ever pilot project for underground coal gasification Coal India subsidiary Eastern Coalfields Limited (ECL) has embarked on an innovative pilot project for Underground Coal Gasification (UCG) at the Kasta coal block in Jharkhand’s Jamtara district as part of a strategic initiative launched by the Ministry of Coal, according to an official statement issued on Monday.  “This first ever groundbreaking initiative aims to revolutionise the coal industry by using in-situ coal gasification to convert it into valuable gases such as ...
Coal Ministry launches India’s first ever pilot project for underground coal gasification
Coal Ministry launches India’s first ever pilot project for underground coal gasification
Source: IANS
2024-06-24 02:11:52 pm
Coal stocks at power plants touch all-time high as production shoots up Despite extremely high peak summer demand for power, the coal stocks at thermal power plants exceeded a record 45 million tonnes (MT) as on June 16, 2024, which is 31.71 per cent higher compared to the same period last year when it was 34.25 MT, the Coal Ministry said on Wednesday.  The Ministry of Coal said, as a result of enhanced production, efficient management of logistics and smooth coordination with the Railways, it has ensured the highest ever stocks of coal at thermal power p...
Coal stocks at power plants touch all-time high as production shoots up
Coal stocks at power plants touch all-time high as production shoots up
Source: IANS
2024-06-20 09:19:25 am
Coal India exploring lithium assets in Argentina with U.S. firm, source says State-run Coal India Ltd is exploring lithium blocks in Argentina along with a U.S. company to secure supplies of the battery material, an Indian source with direct knowledge said on Tuesday. The efforts are part of India's membership under the U.S.-led Minerals Security Partnership (MSP), which New Delhi joined last year to ensure adequate supplies of minerals to meet zero-carbon goals. India has been exploring ways to secure supplies of lithium, a critical raw material used to mak...
Coal India exploring lithium assets in Argentina with U.S. firm, source says
Coal India exploring lithium assets in Argentina with U.S. firm, source says
Source: Reuters
2024-06-18 05:05:32 pm
Buy Coal India Ltd For Target Rs.530 - Motilal Oswal Financial Services Operational performance in line; outlook bright * 4QFY24 revenue stood at INR374b (-2% YoY/+4% QoQ), in line with our est. of INR376b. Blended ASP was INR1,699/t (-9% YoY/-2% QoQ), largely in line with our estimate. * Adj. EBITDA (net of OBR) stood at INR98b (+14% YoY/-17% QoQ) in 4Q, in line with our est. of INR95b. EBITDA/t stood at INR488 (+6% YoY/-22% QoQ), vs. our est. of INR472, as lower costs led to improvement in operating performance. * APAT stood at INR87b (+26% YoY/-14% Qo...
Buy Coal India Ltd For Target Rs.530 - Motilal Oswal Financial Services
Buy Coal India Ltd For Target Rs.530 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-15 11:47:03 am
Buy Coal India Ltd.ForTarget Rs.530 by Motilal Oswal Financial Services Operational performance in line; outlook bright * 4QFY24 revenue stood at INR374b (-2% YoY/+4% QoQ), in line with our est. of INR376b. Blended ASP was INR1,699/t (-9% YoY/-2% QoQ), largely in line with our estimate. * Adj. EBITDA (net of OBR) stood at INR98b (+14% YoY/-17% QoQ) in 4Q, in line with our est. of INR95b. EBITDA/t stood at INR488 (+6% YoY/-22% QoQ), vs. our est. of INR472, as lower costs led to improvement in operating performance. * APAT stood at INR87b (+26% YoY/-14% Qo...
Buy Coal India Ltd.ForTarget Rs.530 by Motilal Oswal Financial Services
Buy Coal India Ltd.ForTarget Rs.530 by Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-14 05:31:45 pm
Coal India sparkles on reporting 8% rise in coal production during May 2024 Coal India is currently trading at Rs. 513.65, up by 22.40 points or 4.56% from its previous closing of Rs. 491.25 on the BSE. The scrip opened at Rs. 511.30 and has touched a high and low of Rs. 527.20 and Rs. 505.55 respectively. So far 1785512 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 527.20 on 03-June-2024 and a 52 week low of Rs. 223.30 on 26-Jun-2023. Last one week high and low of the scrip stood at...
Coal India sparkles on reporting 8% rise in coal production during May 2024
Coal India sparkles on reporting 8% rise in coal production during May 2024
Source: Accord Fintech
2024-06-03 03:28:46 pm
Stock of the day : Coal India Ltd. For Target Rs.520- Religare Broking Coal India Ltd * COALINDIA has been trading in a strong uptrend and currently placed around the record high levels. * Of late it has registered a decisive breakout from Bullish Cup and Handle price pattern with strong surge in volumes. * In the last session, prices inched higher taking support around the neckline of the pattern which coincides with its short term moving average. * Traders can consider fresh longs in the mentioned range. Buy Coal Ind...
Stock of the day : Coal India Ltd. For Target Rs.520- Religare Broking
Stock of the day : Coal India Ltd. For Target Rs.520- Religare Broking
Source: Religare Broking
2024-06-03 11:32:58 am
BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha Bharat Coal Gasification & Chemicals Limited (BCGCL), a joint venture company of Coal India Ltd and BHEL has floated a tender for the selection of an LSTK-2 (lump sum turnkey) to start work on a portion of its Coal to Ammonium Nitrate project in Odisha which is coming up with an investment of Rs 1,1782 crores, according to a statement issued by the Ministry of Coal on Friday.  The project involves the setting up of a Syngas Purification Plant and ammonia Synthesis gas plant that w...
BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha
BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha
Source: IANS
2024-06-01 09:29:39 am
Coal India gains on incorporating subsidiary firm for coal to chemicals business Coal India is currently trading at Rs. 489.15, up by 1.65 points or 0.34% from its previous closing of Rs. 487.50 on the BSE. The scrip opened at Rs. 484.95 and has touched a high and low of Rs. 490.75 and Rs. 482.80 respectively. So far 27718 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 507.30 on 22-May-2024 and a 52 week low of Rs. 223.30 on 26-Jun-2023. Last one week high and low of the scrip stood at Rs....
Coal India gains on incorporating subsidiary firm for coal to chemicals business
Coal India gains on incorporating subsidiary firm for coal to chemicals business
Source: Accord Fintech
2024-05-29 09:53:24 am
Buy Coal India Ltd For Target Rs.520 - Motilal Oswal Financial Services Robust demand to drive volumes; e-auction premium softens amid high supply * In a recent investor interaction, Coal India (COAL) management highlighted the following points: a) COAL would achieve production of 770mt in FY24 and 838mt by FY25; b) e-auction premiums have softened in 4QFY24 to 35- 50%, but volumes via the e-auction route have improved (15% vs. 8-9% in 9MFY24); and c) the company is committed to supplying at least 610mt to the power sector in FY24 and increasing the dispatch ...
Buy Coal India Ltd For Target Rs.520 - Motilal Oswal Financial Services
Buy Coal India Ltd For Target Rs.520 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-25 02:28:54 pm
Coal India, NMDC exploring lithium mines overseas, mines secretary says State-run miners Coal India and NMDC are exploring lithium mines in Chile and Australia, Secretary of Mines V.L. Kantha Rao said on Wednesday. The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh , to scout for critical minerals overseas, Rao told reporters at the sidelines of an industry conference in New Delhi. India will additionally take a delegation to Zambia in June, with executives from the Tata Group and Vedanta, he said. The two governm...
Coal India, NMDC exploring lithium mines overseas, mines secretary says
Coal India, NMDC exploring lithium mines overseas, mines secretary says
Source: Reuters
2024-05-15 12:44:49 pm
Coal India soars on reporting 26% rise in Q4 consolidated net profit Coal India is currently trading at Rs. 466.95, up by 13.70 points or 3.02% from its previous closing of Rs. 453.25 on the BSE. The scrip opened at Rs. 458.45 and has touched a high and low of Rs. 472.65 and Rs. 449.55 respectively. So far 1194526 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 487.75 on 16-Feb-2024 and a 52 week low of Rs. 223.30 on 26-Jun-2023. Last one week high and low of the scrip stood at ...
Coal India soars on reporting 26% rise in Q4 consolidated net profit
Coal India soars on reporting 26% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-03 12:25:14 pm
India`s coal output rises 7.4 per cent to 73.26 million tonnes in April India's coal production increased by 7.4 per cent in April to 78.69 million tonnes compared to the corresponding figure of 73.26 million tonnes for the same month last year, the Ministry of Coal said on Thursday. During April 2024, Coal India Limited (CIL) achieved a coal production of 61.78 million tonnes (MT) marking a growth of 7.31 per cent compared to the same period last year when it was 57.57 MT. Additionally, coal production by captive/others in April 2024 stood at 11.43 MT,...
India`s coal output rises 7.4 per cent to 73.26 million tonnes in April
India`s coal output rises 7.4 per cent to 73.26 million tonnes in April
Source: IANS
2024-05-03 10:10:41 am
Stock of the day : Coal India Ltd For Target Rs.488- Religare Broking Coal India Ltd * We are decent traction in the PSU stocks and Technically, COALINDIA is offering a fresh buying opportunity. * After the strong rally, stock witnessed price and time wise correction with positive bias. * Following price action and volume activity, we expect price to stage a breakout and surpass its previous swing high. * Traders can consider fresh longs in the mentioned range. Buy Coal India Ltd CMP 455.15 Range 454-45...
Stock of the day : Coal India Ltd For Target Rs.488- Religare Broking
Stock of the day : Coal India Ltd For Target Rs.488- Religare Broking
Source: Religare Broking Ltd
2024-04-29 10:49:59 am
Stock Picks : Coal India Ltd And Petronet LNG Ltd By ICICI Direct Coal India Ltd Buy Coal India Ltd @451.50-452.50 Target 457.00 Stop Loss 449.30   Petronet LNG Ltd Buy Petronet LNG Ltd @301.50-302.50 Target 305.80 Stop Loss 299.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Coal India Ltd And Petronet LNG Ltd By ICICI Direct
Stock Picks : Coal India Ltd And Petronet LNG Ltd By ICICI Direct
Source: ICICI Direct
2024-04-26 10:46:38 am
Stock Picks : Coal India Ltd And Indigo Ltd By ICICI Direct Coal India Ltd. Buy Coal India Ltd. @444-446 Target 450.50 Stop Loss 442.70   Indigo Ltd.  Buy Indigo Ltd. @3486-3490 Target 3452.00 Stop Loss 442.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Coal India Ltd And Indigo Ltd By ICICI Direct
Stock Picks : Coal India Ltd And Indigo Ltd By ICICI Direct
Source: ICICI Direct
2024-04-05 10:35:37 am
Stock Picks : Bajaj Finance Ltd And  Coal India Ltd By ICICI Direct Bajaj Finance Ltd  Buy Bajaj Finance Ltd @ 7308-7312 Target 7378.00 Stop Loss 7279.00   Coal India Ltd  Buy Coal India Ltd @ 444.50-445.50 Target 449.60 Stop Loss 442.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Bajaj Finance Ltd And  Coal India Ltd By ICICI Direct
Stock Picks : Bajaj Finance Ltd And  Coal India Ltd By ICICI Direct
Source: ICICI Direct
2024-04-04 12:04:42 pm
Coal India moves up as its production rises by 6.1% to 88.6 MT in March Coal India is currently trading at Rs. 442.55, up by 0.55 points or 0.12% from its previous closing of Rs. 442.00 on the BSE. The scrip opened at Rs. 442.50 and has touched a high and low of Rs. 448.40 and Rs. 436.10 respectively. So far 184452 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 487.75 on 16-Feb-2024 and a 52 week low of Rs. 213.70 on 03-Apr-2023. Last one week high and low of the scrip stood at Rs...
Coal India moves up as its production rises by 6.1% to 88.6 MT in March
Coal India moves up as its production rises by 6.1% to 88.6 MT in March
Source: Accord Fintech
2024-04-02 02:16:43 pm
Accumulate Coal India Ltd. For Target Rs.453 By Elara Capital On track to meet volume guidance Lower e-auction prices partially offset by rise in FSA realization  Coal India’s (COAL IN) revenue from fuel supply agreement (FSA) increased 13% YoY to INR 264bn in Q3 but revenue from the e-auction segment declined 29% YoY to INR 52bn on account of lower e-auction premium due to normalizing coal prices. Realization per tonne fell 34% YoY to INR 3,321 for the e-auction...
Accumulate Coal India Ltd. For Target Rs.453 By Elara Capital
Accumulate Coal India Ltd. For Target Rs.453 By Elara Capital
Source: Elara Capital
2024-04-01 12:54:34 pm
Stock Picks : Hindustan Petroleum Corporation Ltd And Coal India Ltd By ICICI Direct Hindustan Petroleum Corporation Limited Buy Hindustan Petroleum Corporation Ltd @ 467-469 Target 473.50 Stop Loss 464.70   Coal India Limited Buy Axis Bank Ltd @ 427-428 Target 432.00 Stop Loss 424.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Hindustan Petroleum Corporation Ltd And Coal India Ltd By ICICI Direct
Stock Picks : Hindustan Petroleum Corporation Ltd And Coal India Ltd By ICICI Direct
Source: ICICI Direct
2024-03-22 11:14:20 am
Add Coal India For Target Rs.458 - Centrum Broking Ltd Strong profitability; Volume target on track Coal India (COAL IN) reported higher than estimate EBITDA ex OBR at Rs119bn (CentrumE: Rs109.5bn), up 6.2% YoY/ up 34% QoQ and EBITDA/t declined by 2.4% YoY at Rs624/t (CentrumE: Rs573/t). The YoY increase is primarily due to increase in sales volume (up 8% YoY) partially offset by 6% YoY fall in blended realisation. The FSA and e-auction sales volume increased by 9% YoY and 8% YoY, while, realisation declined by 6.4% YoY and 34% YoY respectivel...
Add Coal India For Target Rs.458 - Centrum Broking Ltd
Add Coal India For Target Rs.458 - Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-03-11 01:00:57 pm
Coal India rises on executing MoU with RRVUNL Coal India is currently trading at Rs. 461.50, up by 2.95 points or 0.64% from its previous closing of Rs. 458.55 on the BSE. The scrip opened at Rs. 460.40 and has touched a high and low of Rs. 462.60 and Rs. 458.15 respectively. So far 15264 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 487.75 on 16-Feb-2024 and a 52 week low of Rs. 207.70 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs....
Coal India rises on executing MoU with RRVUNL
Coal India rises on executing MoU with RRVUNL
Source: Accord Fintech
2024-03-11 09:46:53 am
Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24 Coal sector PSUs such as Coal India Ltd and NLCIL have surpassed the annual target of 21,030 crore capital expenditure (CAPEX) fixed for the current financial year ending on March 31, 2024 with a total investment of Rs 22,448.24 crore at the end of February, the Coal Ministry said on Saturday. The record level of productive investment which works out to 106.74 per cent of the target has a multiplier impact on the overall economy as it creates more employment and boosts demand in other sect...
Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24
Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24
Source: IANS
2024-03-09 02:15:15 pm
Indian government panel backs higher carbon tax on coal imports A panel of officials from Indian ministries has called for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal, in a bid to slash shipments of the polluting fuel, the coal ministry said on Thursday. Coal is among India's top five commodity imports by value. Despite surging domestic production, mainly of low-quality coal with high ash content, it has failed to cut back on imports and ranks as the world's second largest importer. In its report...
Indian government panel backs higher carbon tax on coal imports
Indian government panel backs higher carbon tax on coal imports
Source: Reuters
2024-03-07 05:26:27 pm
Stock Picks : Coal India Ltd and Punjab National Bank Ltd By ICICI Direct Coal India Ltd Buy Coal India Ltd @ 458-459; Target 463.00; Stop Loss 455.80     Punjab National Bank Ltd Buy Punjab National Bank Ltd @ 128.50-129.00; Target 130.50; Stop Loss 127.70     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Coal India Ltd and Punjab National Bank Ltd By ICICI Direct
Stock Picks : Coal India Ltd and Punjab National Bank Ltd By ICICI Direct
Source: ICICI Direct
2024-03-06 10:31:42 am