Mining Sector

Buy Mishra Dhatu Nigam Ltd For Target Rs.260 - ICI..

Healthy order book position…. Mishra Dhatu Nigam (Midhani) reported a subdued set of Q1FY21 numbers. Total operating income for the quarter was at | 113.5 cr..

Resume mining to overcome jobs, economy issues: CI..

The Confederation of Indian Industry (CII) Goa chapter has emphasised the need for prompt resumption of mining activities in the coastal state to overcome disruption in e..

Hold Coal India Ltd For Target Rs.150 - ICICI Dire..

Steady performance.... Coal India (CIL) reported an operationally steady set of Q1FY21 numbers. For the quarter, topline came in lower than our estimate while EBITDA ..

Metals and Mining Sector Update - Commercial coal ..

Commercial coal mining: First steps taken, long way to go The Government offered 41 coal blocks on auction with a peak output of 225mt, c.15% of domestic coal producti..

Buy Coal India Ltd For Target Rs.258 - ICICI Secur..

One-off quarter due to operating deleverage; improvement already underway Coal India’s (CIL) Q1FY21 PAT declined 55.1% YoY to Rs20.8bn mainly due to lower reven..

Jindal, JMS Mining place successful bid for commer..

Jindal Power Ltd, JMS Mining and Boulder Stone Mart Pvt have placed winning bids for four coal mines put on auction by the government on the third day for commercial mini..

4 coal mines go under hammer on 2nd day of auction

The much-anticipated auctions for coal mines for commercial mining continued on the second day on Tuesday with four mines being put on the block. The government succes..

Centre put 5 coal mines under hammer on 1st day of..

The much-anticipated auctions for commercial mining of coal started on Monday with five coal mines put on the block. According to the Coal Ministry, the mining blocks ..

Buy Coal India Ltd For Target Rs.190 - Motilal Osw..

Negative operating leverage kicks in Valuations attractive; Dividend yield of ~10% * Coal India’s (COAL) 1QFY21 results highlight the impact of lower volume..

Maintain existing explorers` license in new law: M..

The mining industry has once again sought the government's intervention to prevent denial of mining rights to existing explorers under the new reform initiative that ..

Hold MOIL For Target Rs. 163 - Emkay Global

Results beat estimates but no nearterm triggers; maintain Hold * MOIL's expansion plans have been delayed for at least 5 to 6 months, assuming that the lockdown is..

Vedanta says delisting could bring $3B FDI into In..

As the delisting bid of minerals major Vedanta Ltd failed last week, the company has said that if successful, the bid would have brought in foreign direct investment (FDI..