Earnings Alerts

Coal India Ltd (COAL) Earnings: August Sales Drop 12% Year-over-Year, 52.1M Tons Sold

By September 2, 2024 No Comments
  • Coal India sold 52.1 million tons of coal in August 2024.
  • This represents a 12% decrease in sales compared to August 2023.
  • August 2023 sales were 59 million tons.
  • Coal India’s production in August 2024 was 46.1 million tons.
  • Production also decreased by 12% compared to the same month last year.
  • The analysis included 19 buy recommendations, 4 hold recommendations, and 3 sell recommendations.
  • Sales and production comparisons are based on the company’s original disclosures.

A look at Coal India Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Coal India Ltd, a company that produces and markets coal along with related consulting services, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With an impressive Dividend score of 5, investors can expect consistent returns in the form of dividends over time. Additionally, the company scores well in Resilience, indicating its ability to withstand market fluctuations and challenges, which bodes well for its sustainability in the long run.

Furthermore, Coal India Ltd‘s Growth and Momentum scores of 4 each suggest that the company is on a trajectory of expansion and has positive market momentum. While the Value score of 3 indicates some room for improvement in terms of stock valuation, the overall outlook remains positive for Coal India Ltd, making it an attractive prospect for investors seeking stability and growth in the coal industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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