Coal India gets 10% of its sales through e-auctions at near-spot rates, with the Kolkata-based company selling the rest of its output to domestic customers through long-term contracts. ($1 = 86. ...
India may be pushing for a greener future, but coal still powers 72% of its electricity needs. As global narratives focus on ...
Coal India’s Q3FY25 results, scheduled for January 27, will reveal the full extent of its performance amid prevailing headwinds. While operational volumes are rising, falling e-auction prices and ...
Coal India is anticipated to report a softer net profit for the December quarter (Q3FY25), primarily due to reduced realisations driven by weaker e-auction premiums. This impact is expected to be ...
Weak power demand hit Coal India's volumes for the quarter ended December FY25 amid lower e-auction prices and increased competition.
Coal India share price declined 4% in the morning trades on Monday after it had declared production numbers, January volume details on Saturday, post market hours ...
Vedanta Ltd has won the bid for two coal mines in Odisha, which were put up for e-auction by the government for commercial mining purpose on Wednesday. The Anil Agarwal-led conglomerate won the ...
Let’s take a look at the three key reasons why the brokerage firm has reiterated its ‘BUY’ rating on Coal India: 1. Strong quarterly performance with higher e-auction premiums According to ...
Around 80 per cent of India’s coal production is controlled by one ... contributing an average of 85 per cent since FY21, while e-auctions add up to around 12 per cent. While FSAs are largely ...