Mining Sector

Sell NMDC Ltd For Target Rs. 72 - Emkay Global

Q1FY21 production picks up, sales lag * Production for Q1FY21 stood at 6.61mt, down 22% yoy/up 10% qoq. On a yoy basis, production fell due to subdued production in Ap..

Buy Coal India Ltd For Target Rs. 189 - Motilal Os..

Subdued demand impacts off take; FSA real. strong Valuations attractive; dividend yield at ~10% * Coal India (COAL)’s results highlight the impact of lower ..

Sandur M & I Ore Q4 net profit zooms 133.08% at Rs..

The company reported standalone net profit of Rs 45.73 crore for the quarter ended March 31, 2020 as compared to Rs 19.62 crore in the same period last year, registering ..

Vedanta Resources in process of arranging financin..

Vedanta Resources Ltd has said that it is in the process of arranging of financing for delisting of Vedanta Ltd and that the delisting is expected to be compl..

Coal India Q4 net profit zooms 146.35% at Rs 10631..

The company reported standalone net profit of Rs 10,631.65 crore for the quarter ended March 31, 2020 as compared to Rs 4315.66 crore in the same period last year, regist..

KIOCL Q4 net profit down 41.02% at Rs 26.44 cr

The company reported standalone net profit of Rs 26.44 crore for the quarter ended March 31, 2020 as compared to Rs 44.83 crore in the same period last year, registering ..

Guj. Mineral Dev Q4 net profit down 67.83% at Rs 3..

The company reported standalone net profit of Rs 39.90 crore for the quarter ended March 31, 2020 as compared to Rs 124.04 crore in the same period last year, registering..

MOIL Q4 net profit down 90.03% at Rs 13.47 cr

The company reported standalone net profit of Rs 13.47 crore for the quarter ended March 31, 2020 as compared to Rs 135.09 crore in the same period last year, registering..

Unleashing Coal: 41 mines on offer for Commercial ..

In a big reform initiative aimed at attracting global investment in the mining sector, the government on Thursday started auction of coal mines for commercial extra..

Coal sector out of decades of lockdown: PM Modi la..

Launching the auction of coal mines for commercial mining, Prime Minister Narendra Modi on Thursday said that the coal sector has finally been pulled out of decades in lo..

Quote on Q4FY20 results of NMDC by Mr. Jyoti Roy, ..

Below is the Quote on Q4FY20 results of NMDC by Mr. Jyoti Roy, DVP Equity Strategist, Angel Broking Ltd “NMDC reported a 12.5% YoY de-growth in revenues to..

NMDC Ltd faces tough time as Chhattisgarh hardens ..

The Chhattisgarh government has toughened its stand against public sector iron ore mining giant NMDC Ltd and served notice to the company for storing iron ore outside the..