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Coal India News
Coal India Share price: Edelweiss maintains Buy rating with target of Rs 185; Know what is working for this stock
Fri, Apr 02, 2021
Coal India share price moved to Rs 132.2 from Rs 127.8 in one week. Edelweiss says that Mar-21 operating numbers reported by Coal India are a mixed bag. Edelweiss says that Coal India sales volume grew after three successive months of decline owing to a low base and improved traction from power plants. That said, receivables swelled further to Rs 250 bn (at February-21 end)
Coal India marks entry in renewable energy; NTPC remains competitive; JSW Energy wins big in wind | ICICI Securities Highlights
Tue, Mar 23, 2021
In the latest round of auctions conducted by GUVNL (Gujarat discom) to set up 500MW grid-connected solar PV projects, Coal India made a surprise entry. Out of nine participants, the winners included NTPC, Spring Energy, Coal India and Tata Power Saurya quoting Rs2.2/kWh for a cumulative total of 430MW, and SJVN quoting Rs2.21/kWh for 70MW
Coal India Share price today: Sharekhan maintains a Buy rating with an unchanged Price target of Rs 160
Mon, Feb 15, 2021
Coal India Share price today: Coal India Q3 FY2021 operating profit at Rs 5165 cr (up 4% yoy; up 29.9% qoq) was 10% above Sharekhan's estimates of Rs 4684 cr, led by better than expected EBITDA/tonne at Rs 336/tonne (up 13% qoq) on the account of efficient cost management (opex/tonne declined by 6.5% yoy due to 5% yoy drop in employee cost).
Coal India Share price underperformed Nifty 50 by 65%; Jefferies retains hold rating, provides key takeaways
Fri, Nov 13, 2020
Jefferies says key takeaway from Coal India’s Q2 volumes rose 10% YoY but cash EBITDA fell 20% YoY (23% miss). Weak margins, higher receivables and increased CAPEX resulted in negative free cash flow in the first half. Coal India will face further cost pressures in FY22 given the upcoming wage revision.
Big boost for power sector! This Coal India subsidiary to double rail dispatch to meet demand
Thu, Sep 10, 2020
Western Coalfields Ltd. (WCL), a Subsidiary of Coal India Ltd.(CIL) has drawn an ambitious roadmap to almost double its coal despatch capacity through rail mode to meet additional demand of consumers of the Power Sector.
Stocks in Focus on September 3: Coal India, Dish TV, Tata Motors, Aviation Stocks to Real Estate Stocks; here are the 5 Newsmakers of the Day
Thu, Sep 03, 2020
Backed by positive global cues, the domestic stocks markets ended with decent gains on Wednesday, September 2, 2020. The S&P BSE Sensex gained 185.23 points or 0.48% at 39,086.03. The Nifty 50 index rose 64.75 points or 0.56% at 11,535.
Stocks to Buy Today With Anil Singhvi: Coal India, BPCL top PSU picks for Sanjiv Bhasin
Tue, Aug 18, 2020
Top Stocks to Buy: In a big revelation, analyst Sanjiv Bhasin told Zee Business Managing Editor Anil Singhvi that Nifty 50 is moving in the range of 11,100-11400 and critically, a correction is due here. So what should be done in this volatile situation? Bhasin advised investors to stay put, since there are trading opportunities on buying as well as selling side
Coal India revises production target to 650-660 mn tonne in FY'21
Sat, Aug 08, 2020
State-run Coal India Ltd has Revised its production target to 650-660 million tonne for the current fiscal in the wake of the disruptions caused by the COVID-19 pandemic, a top company official said on Saturday.
Big money relief! Good news for Coal India subsidiary Mahanadi Coalfields Limited (MCL) workers
Thu, Jul 16, 2020
Most of 20,000 mine workers did not report for work during the cease work from July 3.
There is no question of divestment of Coal India: Prahlad Joshi, Coal Minister
Thu, Jul 02, 2020
The process has started and can see the curiosity in it. As far as a response is concerned in just 8 days, practically it was launched in the presence of the honourable Prime Minister on May 18 but the process started on May 21-22, 2020, which means today is the eighth day.
Mahanadi Coalfields plans to invest Rs 60,000 crore in Odisha
Sun, Jun 21, 2020
Mahanadi Coalfields (MCL) planned to invest Rs 60,000 crore in Odisha, with Rs 31,000 crore to be spent on mining and social infrastructure development by 2023-24.
Coal India arm launches mobile, desktop app for employees, stakeholders
Sat, Jun 06, 2020
Coal India arm WCL on Saturday launched a mobile and desktop app 'Samvaad' for its employees and stakeholders which will provide a virtual platform for suggestions, feedback and experience sharing.
India's coal ministry wants power plants to keep buying coal despite weak demand
Thu, Apr 09, 2020
India`s coal ministry wants electricity generators to keep buying coal, despite a steep fall in power demand due to a nationwide lockdown to prevent the spread of the coronavirus
Coal India arms set up 1,509 isolation beds in 8 states
Mon, Apr 06, 2020
State-owned CIL's subsidiaries have set up 1,509 isolation beds in eight states in the fight against the Covid-19 pandemic, an official said
Stock Market Today: Sensex, Nifty pare early morning gains; MTNL, Yes Bank, Coal India stocks gain
Wed, Mar 11, 2020
BSE Sensex after regaining the 36K in the Opening Bell trade session finally succumb to the Coronavirus hit on the global economy and ended 62 points up at 35,697 levels.
Coal India Management Trainee 2020 Admit Card released; Know how to download
Mon, Feb 10, 2020
Selected candidates will be placed as Management Trainee in E-2 Grade in the scale of pay of Rs. 50,000 – 1,60,000/- at the initial Basic of Rs. 50,000/- per month during the training period. On successful and satisfactory completion of 1-year training period and passing the test conducted for the purpose, regularization will be in E-3 Grade in the scale of pay of Rs. 60,000 – 1,80,000/- at the initial Basic of Rs. 60,000/- with probation for 1 year, if not extended.
Get pay up to 50k! Coal India announces 1326 Vacancies for Management Trainee (MT) Posts, apply here
Wed, Dec 18, 2019
Online registration of CIL Management Trainee will commence from 21 December 2019 at 10.00 AM. The eligible and interested candidates can apply for Coal India Management Trainee recruitment through online application mode before 19 January 2020 before 11.00 PM.
Coal Minister Pralhad Joshi announces 300 pct hike in ex-gratia for fatal accidents
Thu, Nov 07, 2019
Minister of Coal and Mines Pralhad Joshi on 7th November 2019 announced 300 per cent hike in ex-gratia payment for fatal coal mines accidents from Rs 5 lakh to Rs 15 lakh.
Bumper jobs alert! Coal India to hire 9,000 personnel - Check vacancy details
Wed, Sep 18, 2019
World's largest coal-producing company, Coal India is planning to hire as many as 9,000 people to fill up vacancies, according to a Zee Business report.
Opening Bell: Sensex, Nifty halt post-budget selloff; Yes Bank, Tata Steel, Coal India stocks gain
Wed, Jul 10, 2019
BSE Sensex gained 47 points to 38,777 while the Nifty 50 index went up 9 points to 11,565 levels. Bank Nifty index shot up 131 points to 30,700 levels.