Analysts say that a decline in the price of Coal India is a good buying opportunity. They consider Coal India as a stable play, mainly because of the robust power demand in India, and rural electrification initiatives. The OFS will be open for retail and non-retail investors on June 1 and 2
Minister Joshi underscored the nation’s substantial growth in coal production, rising from 500 million tonnes in 2014 to become the world’s leading coal producer and importer.