Does this mean that, Demand for coal in India may remain elevated in FY23 and FY24 both?
e-Auction prices of coal have increased sharply during FY23, Is there a possibility that, those may not revert to Mean prices soon?
It looks like that Revenues of Coal India may remain slightly better than Pre-2022 levels during FY23 and partially in FY24 as well.
I am looking at it from both angles since invested in IEX and Coal India both at the moment.
Higher electricity prices is Negative for IEX volumes but might be slightly positive for Coal India.
I am new to both these stocks and may be wrong in my analysis.
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