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Quadrise extends Representation Agreement with Consultant

Quadrise Plc extends representation agreement in Morocco, awarding up to 15.6 million warrants to Consultant. Details on key milestones and conditions.

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Govt asks States to ensure surplus power is sold in market - The Hindu BusinessLine

Govt asks States to ensure surplus power is sold in market - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Strong Q3 showing adds fuel to Coal India stock

Coal India Limited s (CIL) October-December quarter of financial year 2023-24 (Q3FY24) results have beaten the Street s estimates. Revenue rose 3 per cent year-on-year (Y-o-Y) to Rs 36,200 crore, led by higher volumes and better realisation from Fuel-Supply Agreement (FSA) coal. The blended average selling price (ASP) was down 6 per cent Y-o-Y to Rs 1,727 per tonne, and the FSA ASP was up 3 per cent Y-o-Y to Rs 1,532 per tonne.

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Coal India keeps brokerages upbeat on ratings, target price hikes with strong Q3 earnings

Nuvama Research has maintained buy rating on the stock but increased target price to Rs 561 from Rs 500 earlier, Motilal Oswal has retained its buy rating and increased target price to Rs 490 a share, up 13 percent.

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Coal India stock spikes over 5 5% as Q3 earnings beat estimates

The company released its Q3 numbers post market hours on Monday, reporting a net profit of ₹9,094 crore, a robust 18% YoY growth. This was the highest PAT earned during the third quarter of any year since the company’s listing.

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