- IANS•5 days ago
They also hold the miner, now contributing 84 per cent of the country's coal production, is better placed to meet the summer demand that is likely to pick up along with power demand. "Coal India ended the last financial year with around year-on-year 1.6 per cent growth in sales, but in February and March, this was around 5-6 percent. It is likely to dip in the monsoon season, but overall, around 4-5 per cent sales growth is at least expected," Emkay Global's Research Analyst Gautam Chakraborty told IANS.
- IANS•11 days ago
Kolkata, April 19 (IANS) The recent grade downgrades at Coal India's mines could hit its realisation from fuel supply agreement (FSA) by 3-5 per cent and estimated earnings for the current fiscal year by 11-16 per cent, according to a note released on Wednesday by research analyst firm Jefferies India. "We believe recent grade downgrades at CIL's (Coal India Ltd) mines could hit FSA realisation by 3-5 per cent and FY18 (2017-18) estimated earnings by 11-16 per cent," the note said. The fuel quality watchdog Coal Controller's Organisation downgraded 40.76 per cent of 871 sidings at 386 mines of Coal India and in most cases, downgrading has been of one to two grades, the miner said.
- Reuters•18 days ago
The Supreme Court ruled on Tuesday that Adani Power Ltd cannot charge its customers more to cover a surge in the cost of imported coal, overturning a decision by a power regulator in December. The ruling sent Adani Power's shares down as much as 20 percent on Tuesday, its biggest intra-day loss since it went public in 2009. Both Adani Power and competitor Tata Power - which was also party to the ruling although it was not mentioned directly in it - struck long-term deals in the middle of the last decade with distribution companies to supply power from plants they each operate in Prime Minister Narendra Modi's home state of Gujarat.
COALINDIA.BO: Summary for COAL INDIA LTD. - Yahoo Finance
COAL INDIA LTD. (COALINDIA.BO)
BSE - BSE Real-time price. Currency in INR
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|Day's range||274.35 - 278.00|
|52-week range||272.65 - 349.85|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|