Earnings Alerts

Coal India Ltd (COAL) Earnings Surge: May Sales Reach 68.2M Tons, A 7.1% Y/Y Increase

  • Coal India sales in May 2024 reached 68.2 million tons, marking a 7.1% increase from the previous year.
  • Coal India produced 64.4 million tons of coal in May 2024, up by 7.5% year-over-year.
  • Current analyst recommendations for Coal India include 20 buy ratings, 3 hold ratings, and 3 sell ratings.
  • Comparisons are based on figures from the company’s original reports.

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 Limited, a prominent player in the coal industry, is assessed using Smartkarma Smart Scores to gauge its long-term prospects. With a strong emphasis on dividends, Coal India Ltd earns a top score of 5 in this category, indicating its commitment to rewarding shareholders. Furthermore, the company scores well in resilience, illustrating its ability to weather economic fluctuations and challenges with a score of 5. In terms of growth and momentum, Coal India Ltd demonstrates promising signs with scores of 4 in both categories. Additionally, with a value score of 3, the company is perceived to offer good value relative to its current market price. This overall outlook presents a positive view of Coal India Ltd‘s future trajectory.

Summary: Coal India Limited, a key player in coal production and marketing along with providing related services, is viewed favorably based on its Smartkarma Smart Scores assessment. With a strong emphasis on dividends, resilience in challenging times, and promising growth and momentum indicators, Coal India Ltd appears to be well-positioned for long-term success 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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