- July Production: Coal India produced 55 million tons of coal in July 2024.
- Year-over-Year Increase: Production increased by 2.4% compared to July 2023, where 53.7 million tons were produced.
- Sales: The company sold 59.6 million tons of coal in July 2024.
- Sales Growth: Sales saw a slight increase of 0.2% year-over-year.
- Share Performance: Shares of Coal India rose by 3.2%, reaching 539.00 rupees.
- Trading Volume: A total of 30.6 million shares were traded.
- Analyst Recommendations: 20 analysts recommend buying, 3 recommend holding, and 3 recommend selling the stock.
- Historical Comparisons: All comparisons are based on values reported from the company’s original disclosures.
A look at Coal India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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 leading producer of coal and coal products, garnering 3 out of 5 for its Value score, signifies a fair valuation in relation to its industry peers. It’s noteworthy that the company excels in providing attractive returns to its investors, reflected in its high Dividend score of 5. With a Growth score of 4, Coal India Ltd shows promising potential for expansion and development in the coming years. Additionally, the company’s top-notch Resilience score of 5 indicates a robust ability to weather economic uncertainties and challenges. Coupled with a Momentum score of 4, hinting at a positive trend in its stock performance, Coal India Ltd appears to be a solid investment choice for the long haul.
In summary, Coal India Ltd, a key player in the coal industry known for its production and marketing of coal and related services, is positioned favorably for sustained growth and stability. Its impressive Smart Scores across various factors such as Dividend, Growth, Resilience, and Momentum point towards a promising long-term outlook. Investors may find confidence in the company’s strong fundamentals and potential for delivering consistent returns over time.
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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