Page 17 - Coal India

Coal India to hire merchant bankers for buying stakes in Australian assets

State-run miner is eyeing assets abroad as it feel domestic production would be insufficient to meet coking coal and high-grade fuel demand

Coal India targets 8% growth in output, lines up Rs 10,000 cr capex in FY20

The target for revenue from operations (net) has been fixed at Rs 1 trillion for FY2019-20

Volumes key for Coal India after surprisingly strong Q4 performance

Higher prices aided profitability but e-auction realisations falling

Coal India posts record 362.46% rise in Q4 profit; net revenue jumps 7.53%

Coal India earned a net profit of Rs 1,302.63 crore the same quarter in FY18

Coal India using space technology to curb pilferage and illegal mining

While there are no official figures, one estimate pegs pilferage at 6.8 mn tonnes, which works out to a loss of Rs 900 cr a year

CIL's volumes recover; investors should keep an eye on e-auction premiums

While dispatches crossed the 600 million tonne-mark in FY19, e-auction premiums have started declining with fall in international coal prices

Coal India nears production target of 610 mt for 2018-19; growth up 7%

This is the highest production ever recorded in a single month since Coal India's inception.

Government reduces its holding in Coal India to 72.33% in FY19

During the last financial year, the total payout to government was around Rs 10,000 crore, without any stake sale

Profit down by over 50% in 7 years: Coal India's future looks bleak

Net worth, profits continue to fall as Coal India battles higher wages, rising coal demand

Govt may receive Rs 2600 cr more from Coal India as second interim dividend

Company estimates suggest that the total outgo on account of this second round of dividend is to the tune of Rs 3,605 crore which it will start to pay March 29 onwards

Growth in February volumes brings respite to Coal India investors

Analysts keeping an eye on e-auction premiums but believe valuations are at attractive levels

Coal India's supplies to power sector up by 7.1% in April-February

Helps bring down number of coal-starved power stations; company's stock also normalizes

Coal India aiming to meet 610 million tonne production, off-take target

Coal India's total production as on February stood at 528 MT, up 6.6 per cent in the first 11 months of the current fiscal

CIL closer to MoU aim, but may miss aspirational output target this year

Sources in MCL said its internal annual aspirational target of 162.50 mt might have already been revised.

Sebi exempts Coal India from buy back programme for 4.46 crore shares

Coal India had filed an application on February 12 with the Securities and Exchange Board of India seeking exemption from the strict enforcement of the buyback norms

Coal India beats Street in Q3 with higher realisation and robust demand

Market remains cautious on volume growth and sustenance of e-auction premiums

Coal India's bank interest income likely to fall after another buyback

Writeback of provisions and liabilities made in the earlier years that are no longer required are also considered other income

Coal India Q3 net profit surges 50% to Rs 4,567 cr, beats Street estimates

The world's largest coal miner was also able to strategically control its expenses although total expenses shot up by 5.54%

Coal India to raise Rs 1050 crore via its second-ever share buyback

The buyback price is higher than the scrip's price on the BSE which has been hovering around Rs. 222-235 per share since the last 30 days

Coal India board to consider share buyback worth Rs 1,065 cr on Monday

The company had announced that its three subsidiaries - Mahanadi Coalfields, South Eastern Coalfields and Northern Coalfields - proposed to buyback their equity shares