Stock That Powers 50% Of India’s energy? | Coal India Share Latest News | ICICI Direct

Stock That Powers 50% Of India’s energy? | Coal India Share Latest News | ICICI Direct

this Indian stock Powers 50% of India’s
energy needs it is also the world’s
largest coal producer and in the past
one year it stock price has surged by
over 75% additionally it also
contributes 70% to India’s electricity
generation can you tell which stock this
is watch till the end to know in Q3 of
f24 alone this company posted a total
operating income of over
36,000 marking a 10% growth quarter on
quarter ABA was about 11,000 cror with
robust of 31 1.2% this stock boasts off
a dividend yield of about 6% an rooc of
over 40% and a strong net cash positive
balance sheet looking ahead its coal
production is projected to grow by 11%
annually through f26 reaching 950
million tons this is on the back of
government initiatives like 24/7
electricity and first mile connectivity
projects among others it’s key risks
include lower e auction sales and higher
operating costs which could hamper
margin growth have you is the stock yet
it is coal India

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