Robust volume growth and strong demand to drive performance

28 Dec 2023
5 Min read 
  • Coal India focusing on volume growth to meet increasing demand in power sector
  •  Expects robust performance driven by e-auction sales and strong demand
  •  Increased capex to improve evacuation infrastructure and develop verticals
  •  Reducing employee strength and shutting down unviable mines
  •  Domestic power demand to drive higher thermal coal demand
  •  Coal India trades at attractive valuation with target price of INR430
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