Coal India Ltd

In the two-day OFS, the government is selling over 18.48 crore shares or 3 per cent in the PSU coal producer at a floor price of ₹225 a share

Nifty 50 and S&P BSE Sensex have registered gains for three straight months, adding over 2% each in May

Sale window. Offer for sale opens on Thursday for non-retail investors and on Friday for retail

CIL to raise base prices of the top nine grades of thermal coal by 8 per cent starting May 31

Buzzing stocks: Coal India, Sona BLW, HDFC Life Insurance, Lupin, HDFC Asset Management, Aurobindo Pharma, Axis Bank, Sun Pharma, Kalpataru Power

The agreement includes a 19 per cent minimum guaranteed benefit and a 25 per cent increase in allowances.

Excluding the provision on wage cost, Coal India’s Q4 PAT during FY23 would have been about ₹9,920 crores

Coal India’s strong Q4 revenue growth and production targets outweigh one-time earnings miss making it a recommended stock to accumulate. 

Proactive efforts by the Central government and rains in April 2023 have ensured coal availability will be adequate to meet the imminent increase in power demand

Supreme Court expected ruling could be trend setter on application of competition law in public sector firms

The decline in net profit was despite a nearly 17% rise in revenue from operations at ₹38,152-cr during the quarter under review as against ₹32,709-cr same period last year

PM Prasad, tipped to head Coal India, is highly focused on output