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Coal India can deliver all-time high dividend of Rs 30/share in this fiscal: Nuvama
"In the current global scenario, Coal India (CIL) is a pure domestic play potentially offering the triple benefits of volume growth, improved e-auction prices and possibly all-time high dividend in H2FY24. With the monsoon receding and hydro/wind generation falling, demand for thermal power is set to rise further in H2FY24," the Nuvama note said.