INDIA MARKET LENS
Companies◆ MixedInfrastructure

India Shelves Import Plan to Tackle Diminished Coal Stockpiles

Coal India secured new business in an infrastructure development.

· NDTV Profit

Policymakers have instead asked state-owned giant Coal India Ltd. to boost output and the railway to help secure timely transport to power stations, they added.

Against that, the stock is -1.3% on the day at ₹411.70, and has returned -3.1% over three months. It sits 14% below its 52-week high. The metals & mining sector has moved -3.1% over the same period, so Coal India is running 0.0 points behind its peers.

For Coal India, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.

  • Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
  • The company directly in focus is COALINDIA.
  • Sector exposure: Metals & Mining, Power, Transport & Logistics.
COALINDIAMetals & MiningPowerTransport & Logistics