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Coal India
Remarks : Coal India is the largest coal company in the world (primarily produces thermal coal). The government
owns 90% of the company and the company sells its entire output (415 million tonne [mt] in FY2010) in the
domestic market.
Coal India is confident of achieving the full-year targets by ramping up production and sales in H2FY2012.
In FY2011, the production/sales in the second half accounted for 57-53% of the full-year production/
sales. The management is confident of achieving 447-454mt of the full-year production/sales target.
The recent crisis in the power sector will ensure more coordination among the power, coal and railway
ministries and lead to an increase in rake availability for Coal India. The mining ban at Karnataka has also
led to an increase in rakes. Coal India has said the rake availability has increased to 180 rakes a day. This
will help in increasing the dispatches and avoiding supply disruptions.
click link below for COMPLETE list, details of other company in Mahurat Picks for Diwali 2011 ::ShareKhan
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Coal India
Remarks : Coal India is the largest coal company in the world (primarily produces thermal coal). The government
owns 90% of the company and the company sells its entire output (415 million tonne [mt] in FY2010) in the
domestic market.
Coal India is confident of achieving the full-year targets by ramping up production and sales in H2FY2012.
In FY2011, the production/sales in the second half accounted for 57-53% of the full-year production/
sales. The management is confident of achieving 447-454mt of the full-year production/sales target.
The recent crisis in the power sector will ensure more coordination among the power, coal and railway
ministries and lead to an increase in rake availability for Coal India. The mining ban at Karnataka has also
led to an increase in rakes. Coal India has said the rake availability has increased to 180 rakes a day. This
will help in increasing the dispatches and avoiding supply disruptions.
click link below for COMPLETE list, details of other company in Mahurat Picks for Diwali 2011 ::ShareKhan
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