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CIL’s e-auction realizations have fallen consistently over the past three quarters on a sequential basis.

Jefferies indiaKotak institutional equitiesAntique stock brokingCoal indiaE autionsCoal india ltdIndias largest coal producerIs facinga decline in its earnings due toa drop ine auction realizations the company seWhich were previously higher than coal sold through fuel supply agreementsHave been falling consistently over the past three quarters this is due to downtrend in international coal prices analysts predict further downside toe auction realizations as spot global continue decline additionallyThe chances ofa further hike in fuel supply agreement prices are slim despite thisVolume performance remains crucial for the companyWitha target of 780 million tonnes in fy24 some analysts expect cils revenue and profit to drop due higher employee costs slower growth the companys stock performance has been muted 2023With limited upside potential howeverThe companys attractive dividend yield may offer better returns for investors