Coal India - Robust Q2 Results; Coal Is Here to Stay
CIL posted robust results with EBITDA/PAT beating ours and consensus estimates. Total consolidated revenue stood at Rs 32,776 Cr (up 10% YoY, down...
212 Views
Metals & Mining: Q1FY24 Review
Nalco’s Revenue/EBITDA/PAT missed our estimates and dropped by 16%/32%/40% YoY and by 13%/22%/33% QoQ led by a drop in the average LME Aluminium...
277 Views
Coal India - Stable Q1 Results; Maintain BUY
CIL posted a decent set of numbers. Revenue (up 3% YoY, down 6% QoQ) beat our estimate by 2% led by higher ASP (down 4%/6% YoY/QoQ) which stood...
232 Views
Metals - Q1FY24 Earnings Preview
On a YoY basis, too, margins are expected to contract despite higher volumes YoY (on a low base) as HRC prices are now down by 15% YoY from the...
241 Views
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.
261 Views