“The PSU story is synonymous with the India saga, a narration of several micro, albeit, powerful reforms (GST, RERA, JAM, digital infra, physical infra, PLI template, Bankruptcy Act, RBI’s inflation targeting and increasing credibility, etc) – each creating a small delta improvement, but in unison react in unpredictable, positive waysRead More →
₹1,210 crore as against ₹1,250 crore in the year-ago period. Meanwhile, its net sales are also likely to rise 1.5% to ₹6,870 crore vs ₹6,770 crore in the same period last year. As per the brokerage, the firm’s US sales are expected to grow 4% YoY to $384 million dueRead More →
Coal India Ltd’s (CIL) shares are 7% below their 52-week high of Rs359 apiece seen in mid-November. Still, there is optimism on earnings outlook owing to volume growth and better e-auction realizations. The coal producer has a production and sales offtake target of 780 million tonnes (mt) each for FY24.Read More →
Coal India remained the largest gainer during during the mahurat trading session and its share price gained up to 4.1% . Coal India had reported a strong performance during September quarter with 9.85% increase in revenue and a 12.51% increase in profit year-over-year during the September quarter. The results wereRead More →
The Sensex and Nifty both closed with minor losses of 0.1 per cent each. However, Nifty Midcap and Nifty Smallcap registered gains, closing higher by 0.03 per cent and 0.68 per cent respectively. Among the top gainers were Nifty IT, Nifty Metal, and Nifty Pharma, while Nifty Realty, Nifty PSURead More →
For the Coal India Ltd (CIL) stock, an increase in the price of coal sold through fuel supply agreements (FSA) was expected to be a key trigger. The state-run company has raised the price of high-grade coal—G2 to G10—by 8% with effect from 31 May. But the price hike didRead More →
Leading government-backed coal producer, Coal India is set to announce its fourth-quarter earnings for FY23 on Sunday. Overall, in the trading week that ended on May 5th, Coal India’s stock price rose by a little over 1% ahead of the earnings report. In Q4FY23, analysts have mixed opinions on CoalRead More →
Buy or sell stocks: Last week we saw a positive week for the Indian equity market. Nifty tested the 7 week’s high of 17842 levels and Banknifty 11 week’s high 42196 levels. As expected we also noticed the fresh buying activity by the FPI’s last week. Nifty increased sharply byRead More →
Here is the list of the top 10 stocks that will be in focus today: HDFC Ltd: World Bank’s investment arm, International Finance Corporation (IFC) has proposed to make a $400 million loan to mortgage lender HDFC Ltd, with an aim to drive India’s green housing growth. The capital willRead More →
