business / news / / The Economic Times
Coal India's shares surged following a stable March quarter performance.
Coal India's profit after tax rose 12% year-on-year to Rs 10,908 crore in Q4.
KEY POINTS
- Average realisation per tonne increased 6% even as total sales volume fell 1%.
- Jefferies raised its FY27-28 EPS estimates for Coal India by 2-4% on stronger outlook.
- E-auction volumes rose 28% year-on-year, but e-auction realisations fell 2% YoY.
- Motilal Oswal expects expansion in coal-washer capacity to boost Coal India's market share.
COMPANIES
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