Why to invest in Coal India?
Some experts recommend a buying Coal India because of Indian Government links and I ask them why they not recommend buying NTPC or NHPC or even REC (which has given some handsome returns). All have good fundamentals and Indian Government link and this is what we see for the last one year performance.
Can I buy coal India stock?
Yes, you can buy coal India any time. “Tradologie” , World’ First Online platform where you can buy or sell bulk Coal online directly from Manufacturers and Save Upto 20% Compared to oil, about half of which moves across national borders before being consumed, around 85% of coal is mined in an indistinguishable nation from it is singed.
Is it worth to join Coal India?
Rest, compensations, medicals etc of Coal India are all good (as far as I know) ,so it won’t be a bad choice, given that you are okay to join a Mining PSU. Thanks!! How was your Coal India MT interview experience? (CBT was of 200 marks & interview was of 10 marks & final merit was prepared by both combined: 210 marks)
Why is Coal India share price going down?
The price of coal India has fallen today, because of the increasing competition in the energy sector and coal India demand has dropped reasonably. Even the government has cut the demand target from 650mt to 600mt my due to less demand forthe fuel in thermal power plants.
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Trade Spotlight | What should you do with eClerx Services, Balaji Amines, Coal India, Bal Pharma and Birlasoft? Jan 04 2022 07:01 AM
About the Company
COAL INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2022 ,inter alia, to conside....
How much did India spend on coal?
Coal India Ltd is the largest coal producing company in the world.The company also produces non-coking coal and coking coal of various grades for diverse applications.The company`s customer include customers include large thermal power generation companies, steel and cement producers and other industrial companies in the public and private sector with many of whom the company has long-standing relationships..The company also in the business activities of Coal Mining..
Does India have coal mines?
India spent 1.58 trillion rupees ($21.28 billion) on importing 247 million tonnes of coal, including 197 million tonnes of thermal grade, in the fiscal year to March 2020, M. Nagaraju, a joint secretary in the coal ministry, told a seminar. Reuters • 11 months ago.
Has India received any bids for coal mines?
India received no bids for 48 of the 67 mines up for sale as part of its plan to open up coal mining to private companies, reflecting little investor appetite for a sector clouded by environmental concerns and low margins. Prime Minister Narendra Modi last year offered financial incentives to the private sector and removed restrictions on the end-use of the fuel in a bid to reduce imports and make India a net coal exporter. India has the world's fourth largest coal reserves and is the second largest coal consumer, importer and producer.
Is coal mine open to private sector?
India has received no bids for 15 of 38 coal mines it is auctioning to attract private investment, reflecting little appetite for the sector clouded by environmental concerns and low margins. The world's second largest consumer, importer and producer of coal has offered a range of financial incentives to attract investment and reduce imports. Coal production in India has largely been restricted to state-run Coal India Ltd and another smaller government-controlled company but Prime Minister Narendra Modi opened up the industry to the private sector this year.
Will India reduce its coal imports?
Real estate, infrastructure and pharmaceutical companies were among the winners of India's first coal mine auctions open to the private sector without restrictions on end-use, the government said on Monday. Coal production in India has largely been restricted to state-run Coal India Ltd <COAL.NS> and another smaller government-controlled company, but Prime Minister Narendra Modi opened up the industry to the private sector this year.