*Coal India Ltd.*
C&H Formation: Monthly Basis
MultiYear Price Trendline Broken (Upside)
Price / Vol. BreakOut
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
Reported Strong numbers (Q1-FY23): high domestic coal demand /continued elevated international coal prices.
Supplied 153.2mnte: Power sector (in Q1FY23), up 19.8% YoY.
E-auction volumes are expected to pick up in the coming months as power plants restock.
With Power demand >200GW, dependence on domestic coal to remain strong /e-auction premiums to remain elevated in FY23.
Ministry of Coal’s action plan for FY23: Launched Coking Coal Mission for enhancing production of coking coal from 45mnte in FY21 to 140mnte by FY30, including 105mnte from CIL.
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Strong RoA/RoE/RoCE in Double Digits.
Improving TNW /Increasing Cash Reserve.
Higher +ve Ops. Cash Flow/WC Cycle.
Promoter Stake Stable. FII down/DII up.
*Concern:*
Constraints in coal distribution and evacuation infrastructure.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
C&H Formation: Monthly Basis
MultiYear Price Trendline Broken (Upside)
Price / Vol. BreakOut
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
Reported Strong numbers (Q1-FY23): high domestic coal demand /continued elevated international coal prices.
Supplied 153.2mnte: Power sector (in Q1FY23), up 19.8% YoY.
E-auction volumes are expected to pick up in the coming months as power plants restock.
With Power demand >200GW, dependence on domestic coal to remain strong /e-auction premiums to remain elevated in FY23.
Ministry of Coal’s action plan for FY23: Launched Coking Coal Mission for enhancing production of coking coal from 45mnte in FY21 to 140mnte by FY30, including 105mnte from CIL.
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Strong RoA/RoE/RoCE in Double Digits.
Improving TNW /Increasing Cash Reserve.
Higher +ve Ops. Cash Flow/WC Cycle.
Promoter Stake Stable. FII down/DII up.
*Concern:*
Constraints in coal distribution and evacuation infrastructure.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.