Question: Why Coal India shares are falling?

The offtake was down mainly due to less demand from power sector as well as closure of industries in the non-regulated sector due to COVID-19, even though the company had an opening stock of 74.63 million tonnes as on April 1, 2020,” Coal India said in its BSE filing.

What Is the Future of Coal India?

Coal use is anticipated to increase 3.8 per cent in 2021. In the medium term (to 2025), India has one of the highest potentials to increase coal consumption as electricity demand rises and more steel and cement are required for infrastructure projects, as per the International Energy Agency said.

Which shares are falling?

Time PeriodCompanyCurrent PriceChange %UPL449.40-15.59%Reliance Industries1994.15-10.61%BPCL377.55-2.61%Britannia Inds3618.25-0.18%

Is Coal India a good stock to buy?

Motilal Oswal has given a buy rating to Coal India with a target price of Rs 192. The share price moved up by 0.53 per cent from its previous close of Rs 122.70. The stock’s last traded price is Rs 123.35.

Who are the promoters of Coal India?

presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc.

PREMARKET.Shareholding Pattern – Coal India Ltd.NoOfShares6162728327100%Promoters407563455366.13%ForeignInstitutions4431092987.19%NBanksMutualFunds5766112339.36%Ещё 6 строк

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Does coal have a future?

The current administration favors coal, but that policy may not continue in future administrations. Displacing coal-fired power generation is a very cost-effective way to reduce U.S. energy-related greenhouse gas emissions, and thus could be targeted by a future administration more concerned about climate.

Does India burn coal?

India’s ambitious renewable energy goals have received a lot of international attention, but coal still provides half of India’s commercial primary energy and is the dominant fuel for power generation.

Which stocks lost most in 2020?

Seven badly hit stocks in 2020:

  • Occidental Petroleum Corp. (OXY)
  • Coty (COTY)
  • Marathon Oil Corp. (MRO)
  • TechnipFMC (FTI)
  • Carnival Corp. (CCL)
  • Norwegian Cruise Line Holdings (NCLH)
  • Sabre Corp. (SABR)

Will Yesbank recover?

Shares of the private lender hit a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55. As per reports, YES Bank has already made provisions of Rs 24,476 crore, representing 76% of its gross NPAs. … YES Bank’s offer to ARCs will be to recover at least 15 per cent amount i.e. Rs 5,000 crore upfront.

Which stocks dropped most today?

Day Losers – USSymbolName% ChangeFUBOfuboTV Inc.-15.99%BABAAlibaba Group Holding Limited-13.34%ALVRAlloVir, Inc.-13.32%DMDesktop Metal, Inc.-9.86%Ещё 21 строка

Which share is best to buy now?

Latest in Today’s Pick

  • Dishman Carbogen Amcis (₹162.7): Buy. …
  • Hindustan Oil Exploration Company (₹100): Buy. …
  • Index Outlook | Sensex, Nifty 50 face key resistance ahead. …
  • Aptech (₹134.8): Buy. …
  • Cummins India (₹590.4): Buy. …
  • Lumax Auto Technologies (₹115): Buy. …
  • Deepak Fertilisers & Petrochemicals Corp (₹160.5): Buy.

Who owns Coal India?

In April 2011, CIL was conferred the Maharatna status by the Union Government of India, making it one of the seven with that status. As of 14 October 2015, CIL is owned primarily by the Union Government of India who controls its operations through the Ministry of Coal.

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Does Coal India give dividend?

Coal India added that the company has fixed 20th November 20 as the record date for the purpose of payment of interim dividend on equity shares for the financial year 2020-21, if declared by the Board.

Who is promoter of ONGC?

After a rap from market regulator Sebi, Hindustan Petroleum Corp Ltd (HPCL) has re-filed shareholding pattern of the company for last six quarters, listing its majority owner Oil and Natural Gas Corp (ONGC NSE 2.59 %) as a ‘promoter’.

Who are the shareholders of SBI?

Listings and shareholdingShareholdersShareholdingPromoters: Government of India56.92%FIIs/GDRs/OCBs/NRIs10.94%Banks & Insurance Companies10.63%Mutual Funds & UTI13.72%Ещё 2 строки

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