NAVRATNA PSU COAL INDIA

PSU stocks, including RVNL, Cochin Shipyard, and Mazagon Dock, saw substantial growth in 2024, outperforming benchmark indices. Driven by low valuations, revenue visibility, and improved performance, some became multibaggers. However, Q1FY25 earning...

Coal India Ltd (CIL) has invested Rs 1,209 crore in 661 MW of ground-mounted solar power projects and aims to reach 3,000 MW by 2027-28. Measures like on-site engineer deployment are ensuring project progress. Singareni Collieries and NLC India have...

Coal India invested Rs 5,570 crore in community development over the last ten years. The company supported education, healthcare, and skill-building programs. West Bengal's Governor commended Coal India's positive impact on tribal areas. The Coal Se...

Retail investors reduced their holdings in several PSU stocks during Q2 FY25 due to valuation concerns and election results. Despite the PSU index underperforming the Sensex over the past six months, some analysts remain optimistic about the sector'...

Retail investor interest in PSU stocks surged during the first nine months of 2024, with 53 companies seeing increased retail holdings. Thirty-three of these outperformed the Nifty, boasting returns between 14% and 150%. While some experts advise ca...

14 BSE PSU index stocks rebounded from 52-week lows after Q2FY25 earnings, with five emerging as multibaggers. NALCO led profit growth, while Coal India's revenue surged. The BJP's election results impacted performance, but some stocks like BEL and ...

The BJP-led alliance's Maharashtra win has renewed interest in PSU stocks, with momentum expected to build ahead of the Union Budget. While 39 of 59 BSE PSU index stocks fell post-June, notable gainers include NALCO (+62%), Mazagon Dock (+49%), and ...

Due to weak Q2 earnings, the Nifty reported a 4% year-on-year (YoY) PAT growth in 2QFY25, slightly exceeding the expected 3%, as per a report by domestic brokerage firm Motilal Oswal. This marks the second consecutive quarter of single-digit PAT gro...

The structural transformation in the auto sector is much talked about – and given credit by the street. Another sector that has been undergoing a structural transformation – though quietly – is the energy sector. Few have noticed, but the large comp...

NITI Aayog recommends adding coking coal to the critical minerals list. This move aims to boost domestic production and secure coking coal supply for the Indian steel industry. The proposal includes setting up two special purpose vehicles to expedit...

Coal India subsidiary NCL is undertaking a major rehabilitation and resettlement initiative in Singrauli, Madhya Pradesh. The project involves relocating the entire Morwa township, situated atop a substantial coal reserve. NCL aims to commence compe...

Coal Minister G Kishan Reddy urged Coal India Ltd to boost its production to avoid costly imports. As CIL marks its 50th year, the minister highlighted the need to ramp up coal production. CIL, which started in 1975, has grown significantly, and is ...

State-owned Nalco announced the retirement of Sridhar Patra, the Chairman-cum-Managing Director, who retired on October 31, 2024, upon reaching superannuation. He served as Director (Finance) of Nalco since September 2018. Patra's career spans over ...

Raamdeo Agrawal suggests investors should consider public sector and private sector stocks based on their merits, rather than distinguishing them. He highlights the strong performance of PSU banks and the revival potential of private sector banks. H...

PSU stocks appear technically weak, with the BSE PSU index breaking below the 200-day moving average, indicating potential underperformance. Downside risks are noted in Coal India and Power Finance, with specific target levels for short selling and ...

Several lenders have classified loans to Mahanagar Telephone Nigam (MTNL) as non-performing assets, leading the state-run telecom utility to propose a debt recast plan. MTNL's offer to pay 40% of dues was rejected by lenders. The company faces signi...

Coal India Ltd (CIL) reported an 11.9% decline in coal production in August, producing 46.1 million tonnes compared to 52.3 million tonnes in August last year. Despite this, production from April to August increased to 290.4 million tonnes from 281....

Over the last ten years, Indian public sector enterprises have shown major improvements in governance and operation, raising their market value. PSU banks have enhanced their return on equity to 16-17%. Defense and gas sectors are performing well, t...

Amid concerns over PSU valuations, both MFs and FIIs reduced their stakes in at least 13 PSU stocks in the June quarter, while small retail investors bought these stocks. Q1 data shows MFs sold stakes in 28 PSU stocks and FIIs in 30. Notably, retail...