Time we updated the views on Coal India? I have invested a small amount in Coal. How many companies have a PE of 5.44, and ROE 43.6%, and ROCE even better at 54.3%?
Of course, I am also concerned that coal is destructive of environment, so alternatives have to be found. However, total elimination of coal seems to be far away. In fact, I was shocked that at Buxar, in Bihar, a thermal plant for SJVN, a PSU is under construction.
| Subscribe To Our Free Newsletter |
