Coal India - Price Increase To Boost Earnings: Centrum Broking

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Centrum Broking Report.Coal India Ltd. is back on the growth path after a subdued FY21. The shortage of coal globally amid supply crunch and higher demand might have put environment concerns on the back burner for the time being. The recovery in demand and surge in international thermal coal prices (up three times in one year) would drive domestic price increase in both e-auction and fuel supply agreement coal. Besides, due to seasonality, coal volume too would continue to rise in H2 FY22. This would help Coal India to offset increase in employee cost (wage revision for non-executives with-effect-from July 2021)..Click on the attachment to read the full report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Coal India - Price Increase To Boost Earnings: Centrum Broking

Coal India - Price Increase To Boost Earnings: Centrum Broking

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