Coal India - Healthy Traction in Volumes Bodes Well
CIL posted a mixed set of numbers with revenue in line with our estimates while EBITDA/PAT reported a slight miss (6%/3%) from our estimates.
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Metals - Q4FY23 Earnings Preview
Tata Steel Europe’s sales volume declined to 2.13 MT, down 11% YoY, but recovered by 7% QoQ, indicating an improving demand environment.
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Coal India - Decent Q3, E-Auction Premiums Coming off the Peak
E-auction premium on a declining trend: e-auction premium stood at 241% in Q3FY23 over FSA prices (down from 329% in Q2FY23) still at elevated...
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Metals and Mining - Q3FY23 Earnings Preview
We expect Tata steel to report revenue de-growth on both YoY/QoQ basis, led by a drop in HRC prices at India and Europe (ex-Mumbai prices down 25%...
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Coal India - Outperformance Likely to Continue
Coal India Ltd (CIL) delivered a mixed set of numbers with revenue in line with our estimate while EBITDA/PAT stood below our estimates.
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