As per news, Govt is looking to double Coal India’s production, which if translates to doubling profits in 6 years, wudbe 12% annual growth. Can we expect any positive PW re-rating for coal India?
Anyone who has view on Coal India?
- With renewables picking, how long would Coal usage in energy production rise?
- Some Thermal power plants have been given approvals to increase coal production in their captive mines. How do we see this impacting Coal India’s production
- Any other usage of coal which may increase in next few years as coal India’s sale to Thermal plants would fall in coming years?
Considering these points, Does it makes sense to hold Coal India (considering Dividend & Price increase)?
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