Read more about Coal India alive, sensitive to need of environmental protection: Chairman on Business Standard. Coal India chief Pramod Agrawal has said that the coal behemoth is alive and sensitive to the need of environmental protection and the PSU pursues sustainable mining practises persistently.The statement assumes significance especially when when
The Australian share market finished session sharp higher on Wednesday, 02 June 2021, as a wide range of issues attracted buying after the country s first-quarter GDP came in better than expected 1.8% growth in the March quarter 2021, with Australian economic activity has recovered to be above pre-pandemic levels.
At closing bell, the benchmark S&P/ASX200 was up 75.25 points, or 1.05%, up at 7,217.82.
The broader All Ordinaries rose 76.77 points, or 1.04%, to 7,468.87.
Total 9 of 11 S&P/ASX200 sectors were higher, with the best performing sectors were energy (up 4.05%), followed by utilities (up 2.64%), real estate (up 1.97%), materials (up 1.92%), consumer discretionary (up 1.28%), and industrials (up 1.25%), while information technology (down 1.09%) and healthcare (down 0.48%) were worst performing sectors.
The state-run coal major announced production and offtake numbers for May 2021 during market hours today, 1 June 2021.On a provisional basis, the company s coal production rose 1.7% to 42.10 million tonnes in May 2021 as against 41.40 million tonnes in May 2020. The coal major s offtake surged 37.6% to 55.10 million tonnes in May 2021 as against 40 million tonnes in May 2020.
Sequentially, the company s production rose 0.48% and offtake grew 1.85% in May 2021 over April 2021.
Shares of Coal India were up 0.07% at Rs 147.90 on BSE.
Coal India is a coal mining company engaged in the production and sale of coal. As of 31 March 2021, the Government of India held 66.13% stake in the company. The PSU miner posted a 21.4% decline in consolidated net profit to Rs 3,084.10 crore on 0.7% increase in net sales to Rs 21,708.27 crore in Q3 FY21 over Q3 FY20.
Read more about Coal India Ltd s coal offtake rises 38% to 55 million tonnes in May on Business Standard. State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.
The Australian share market finished session lower on Tuesday, 01 June 2021, extending the losses of the previous session, amid concerns over rising COVID-19 cases in Victoria. However, market losses capped after the Reserve Bank of Australia on Tuesday announcement of widely expected decision to hold steady on its current policy settings, including keeping the cash rate at 0.1%.
At closing bell, the benchmark S&P/ASX200 was down 19.06 points, or 0.27%, up at 7,142.57. The broader All Ordinaries fell 14.56 points, or 0.2%, to 7,392.10.
Total 9 of 11 S&P/ASX200 sectors were lower, with the worst performing sectors were Financial (down 0.72%), healthcare (down 0.7%), telecommunication services (down 0.46%), and consumer discretionary (down 0.26%) issues, while energy (up 1.34%), and materials (up 0.29%) were best performing sectors.