Q3 Results Today: Coal India Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Hindustan Aeronautics Ltd, Maruti Infrastructure Ltd, Shree Ganesh Remedies Ltd, TCI Express Ltd, and Zee Media Corporation Limited (ZEEL) are top companies scheduled to post their Quarter 3 earnings on February 12 among 482 companies as per BSE. On February 9, the BSE Sensex surged by …
MUMBAI – Following an overwhelming response to the offer for sale (OFS) of NHPC from institutional investors, the government has decided to exercise the greenshoe option and sell an additional 1% stake in the renewable energy major. On Wednesday, the government announced plans to sell 251,125,870 shares, representing a 2.5% stake in NHPC, and set …
New Delhi: State-run Coal India on Tuesday reported a 7.6% year-on-year increase in its capital expenditure (capex) for the April-November period to ₹10,492 crore, reflecting its intensified efforts to bridge the investment gap. The company has deployed a significant portion of FY24’s targeted capex of ₹16,500 crore for transport infrastructure projects, totalling ₹6,441 crore. “We …
Coal India Ltd reported a better-than-expected Q2 results, thanks to higher-than-expected coal prices and lower-than-expected employee cost. Analysts noted that power demand usually peaks in May due to summer heat waves but a drier monsoon and high economic activity this year kept the demand elevated for Coal India, which is a seasonally weak quarter. Considering …
Coal India share price extended rally to hit a fresh 52-week high on Monday after the company’s better-than-estimated earnings for the quarter ended September 2023 cheered analysts. Coal India shares gained as much as 4.76% to a high of ₹347.50 apiece on the BSE after certain brokerages raised target price on the stock. The world’s …
The Union coal ministry on Monday said a total of 39 mines will be put on sale in the eighth round of commercial coal mines auction, which will be launched on Wednesday. “A total of 35 coal mines will be offered in the upcoming round comprising 11 under the Coal Mines (Special Provisions) Act, 2015 …
India’s largest mining company Coal India Ltd. gained over 4 per cent after Jefferies India and a host of other brokerages upgraded the stock and raised their target prices on the back of better-than-expected September quarter earnings by the state-run miner. Analysts noted that power demand usually peaks in May due to summer heat waves …
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 were declared post market hours on …
Image Source : PEXELS Production going on in coal factory building during night time. The supply of coal to the power sector by government-owned Coal India increased by 3.4 per cent to 294.8 million tonnes in the first six months (April to September) of the current financial year 2023-24. The total amount of coal supplied …