The company's consolidated revenue from operations rose 22% to Rs 32,707 cr in Q4FY22
Until May, so far, CIL production is at 26.35 mt, 34.44 per cent more than the production during the same period last year
Most large floats by the government have failed to create long-term wealth for investors
The watchdog as a matter of policy does not make public details of its ongoing price cartel investigations, or raids
NTPC, Adani Ports, Coal India, M&M and BPCL can rise higher, indicates technical charts
User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat
Amid the spiraling power generation, CIL raised its supplies to thermal power stations by 14.2 per cent during the first half of April'22 compared to same period last April.
Shares of Reliance Industries (RIL) was close to its record high level of Rs 2,750 touched on October 19, 2021.
The price of coal in the global market touched a record high of $400 per tonne last week, due to the Russia-Ukraine war
MOSL expects profitability to recover further in January-March quarter (Q4FY22) led by strong e-auction premiums, which breached the 100 per cent mark after 12 quarters in Jan-Feb.
Coal India, GNFC, Cholamandalam, Fine Organic and Hitachi Energy can easily provide up to 14 per cent upside, indicate charts.
'The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,' the statement said
Increase in production, higher prices, better margins and high dividend yield are key positives
The world's largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment.
Consolidated revenue from operations rose 20% to Rs 28,434 cr
Coal India is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector, says govt
With the exception of SAIL, other PSU stocks could breakout upon any positive news in the sector
Global slowdown leading to lower prices, fall in e-auction volumes and higher-than-expected wages are downside risks