The government's announcement in the Budget regarding increased divestment targets will be an overhang on the stock
India, the world's second-largest coal consumer after China, depends on Coal India for about 83% of the domestic production
CIL, thus, practically leads a double life - under the spotlights at Mumbai and away from it in the mines that dot mostly eastern India
The Maharatna company will be shutting down 53 mines across its operational areas while it has opted to open new ones
The consolidated expenses of the company during March quarter were at Rs 277.571 billion, as against Rs 223.527 billion