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Coal India Q4 Results: Net profit surges 26% YoY to Rs 8,682 crore, beats estimates

Coal India Q4 Results: Revenue from operations during the January-March 2024 period declined 2% year-on-year to Rs 37,410 crore. The same stood at Rs 38,152 crore in the corresponding period of last year. Operationally, the production of raw coal increased to 241 million tonnes in the fourth quarter as against 198 million tonnes in the previous-year period. ....

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These 4 metal stocks hit fresh 52-week highs; have rallied up to 11% in a month

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Nifty 13% overvalued, says Kotak Equities, picks L&T, ITC in All-Season portfolio

Nestle India, Tata Consultancy Services (TCS) and Bajaj Auto are other stocks in its December 2023 All-Season portfolio, which have outperformed the Nifty index in both absolute and risk-adjusted terms, a Quant Research report said ....

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Coal India pricing reasonable, still top pick post rally

The average price target on Coal India of all analysts compiled by Bloomberg following the second quarter results is at ₹338.22, almost 3% lower than its closing price of ₹349.35 on Monday. Brokerage Jefferies said that the company s earnings outlook has improved due to better volume growth and lower-than-expected cost trajectory. It upgraded the EPS estimates to 18-42% for FY24-26. ....

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Stocks in news: LIC, Coal India, Jubilant Pharmova, Eicher Motors, Future Retail

Oil and Natural Gas Corporation reported a 65% growth in consolidated net profit to Rs 13,734 crore. Revenue from operations, however, dropped by 13% to Rs 1.47 lakh crore ....

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