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Higher cash flows and moderate valuations to support Coal India stock

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y.

Offtake was 754 MT, up 9 per cent Y-o-Y.

CIL targets production of 838 MT in FY25, up 8 per cent Y-o-Y over FY24. ....

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PM Modi to inaugurate two Northern Coalfields projects worth Rs 1,394 crore today

PM Modi to inaugurate two Northern Coalfields projects worth Rs 1,394 crore today
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