County Coal Financial News

Nagarjuna Fertilizers & Chem(up 4.76%), Gujarat Narmada Valley Fertilizers (up 4.33%), Chambal Fertilisers & Chemicals(up 2.59%), G S F C(up 2.46%), Southern Petrochemicals Industries(up 1.21%), Coromandel International(up 1.17%), National Fertilizer(up 0.89%), Agro Phos(up 0.86%), Paradeep Phosphates(up 0.80%) and KRISHANA(up 0.78%) were among the top gainers. Rama Phosphates(down 1.59%), Aries Agro(down 1.54%), Sikko Industries(down 0.97%), Madras Fertlizers(down 0.33%), ZUARIAGRO(down 0.31%) and Deepak Fertilizers & Petrochemicals(down 0.17%) were among the top losers. The NSE Nifty50 index was trading 44.8 points up at 19310.6, while the 30-share BSE Sensex was up 132.08 points at 65018.59 at around 10:45AM. Bharat Petroleum Corporation(up 1.93%), Larsen & Toubro(up 1.57%), Cipla(up 1.52%), Mahindra & Mahindra(up 1.25%), Power Grid Corporation of India(up 1.24%), Sun Pharmaceutical Industries(up 1.15%), Maruti Suzuki(up 1.1%), Hero MotoCorp(up 0.86%), Coal India(up 0.79%) and ITC(up 0.76%) were among the top gainers in the Nifty pack. On the other hand, Adani Enterprises(down 1.43%), Adani Ports & Special Economic Zone(down 0.77%), Bajaj Finance(down 0.71%), HCL Technologies(down 0.67%), Britannia Industries(down 0.57%), Hindustan Unilever(down 0.53%), Asian Paints(down 0.41%), ICICI Bank(down 0.4%), Bharti Airtel(down 0.33%) and Tech Mahindra(down 0.32%) were trading in the red.

Zydus Wellness(up 3.92%), Parag Milk(up 3.56%), ADF Foods(up 3.51%), Dodla Dairy(up 3.21%), Prataap Snacks(up 2.14%), Hatsun Agro Product Ltd(up 2.10%), Bikaji Foods International(up 1.68%), Heritage Foods(up 1.58%), Mrs Bectors Food Specialities(up 0.89%) and Emami(up 0.82%) were among the top gainers. Future Consumer(down 42.86%), Tasty Bite Eatables(down 2.46%), Colgate Palmolive(India)(down 1.18%), Varun Beverages(down 1.16%), Godrej Consumer Products(down 1.01%), Umang Dairies(down 0.79%), Britannia Industries(down 0.79%), Jyothy Labs(down 0.76%), Patanjali Foods(down 0.76%) and Marico(down 0.75%) were among the top losers. The NSE Nifty50 index was trading 23.2 points up at 19289.0, while the 30-share BSE Sensex was up 48.8 points at 64935.31 at around 10:14AM. Bharat Petroleum Corporation(up 1.57%), Cipla(up 1.34%), Larsen & Toubro(up 1.28%), Mahindra & Mahindra(up 1.28%), Power Grid Corporation of India(up 1.22%), Sun Pharmaceutical Industries(up 1.09%), Maruti Suzuki(up 1.08%), Hero MotoCorp(up 1.07%), Coal India(up 0.75%) and Bajaj Auto(up 0.7%) were among the top gainers in the Nifty pack. On the other hand, HCL Technologies(down 1.12%), Britannia Industries(down 0.79%), Bharti Airtel(down 0.75%), Hindustan Unilever(down 0.65%), Bajaj Finance(down 0.63%), LTIMindtree Ltd(down 0.57%), Tata Consultancy(down 0.55%), Tech Mahindra(down 0.55%), Nestle India(down 0.45%) and Asian Paints(down 0.41%) were trading in the red.

Aro Granite Industries(up 8.00%), Gujarat Mineral Dvpt Corporation(up 4.79%), Lexus Granito(up 3.54%), Madhav Marbles and Granites(up 2.82%), Pokarna(up 1.79%), Ashapura Minechem(up 1.69%), Orissa Minerals Development Company(up 1.53%), NMDC Ltd(up 1.13%) and Coal India(up 0.72%) were among the top gainers. MOIL(down 1.01%) and KIOCL(down 0.66%) were among the top losers. The NSE Nifty50 index was trading 19.3 points up at 19285.1, while the 30-share BSE Sensex was up 28.8 points at 64915.31 at around 10:09AM. Bharat Petroleum Corporation(up 1.97%), Cipla(up 1.3%), Mahindra & Mahindra(up 1.23%), Power Grid Corporation of India(up 1.2%), Maruti Suzuki(up 1.08%), Sun Pharmaceutical Industries(up 0.98%), Hero MotoCorp(up 0.91%), Larsen & Toubro(up 0.86%), Coal India(up 0.72%) and Bajaj Auto(up 0.68%) were among the top gainers in the Nifty pack. On the other hand, HCL Technologies(down 0.9%), Britannia Industries(down 0.86%), Hindustan Unilever(down 0.81%), Bharti Airtel(down 0.74%), Asian Paints(down 0.55%), Tata Consultancy(down 0.54%), LTIMindtree Ltd(down 0.53%), Tech Mahindra(down 0.53%), Bajaj Finance(down 0.49%) and Nestle India(down 0.48%) were trading in the red.

Coal India Limited (CIL) and its subsidiaries are planning to set up pump storage projects (PSP) on huge tracts of decoaled (closed mines) lands at their disposal. According to highly placed sources, the plan to set up such projects in the first phase will be finalised in a month's time, as the central government is quite bullish over such projects. Part of the coal ministry's ambitious plans is to diversify towards alternate sources of energy and through these pump storage projects, it plans to utilise solar energy to develop hydro projects. The power ministry earlier this year had come out with guidelines for PSP initiative and the coal ministry plans to develop such projects based on them, sources informed further. Under it, the CIL and its subsidiaries will use their closed mines, which have water stored in them, to lift it through solar energy. It will set up reservoirs over such closed mines where the lifted water will be stored. During night time, it will use the water lifted through solar energy to generate hydro energy.

Coal India Limited (CIL), the state-owned mining giant, has also shown remarkable progress in managing its pithead coal stock. As of 23 August, CIL reported a stockpile of 46.13 million tonne, reflecting a growth rate of 45.5% compared to the 31.70 million tonne held on the same date in 2022.

Lexus Granito(up 1.99%), Madhav Marbles and Granites(up 1.58%) and Oriental Trimex(up 1.33%) were among the top gainers. Orissa Minerals Development Company(down 2.50%), MOIL(down 2.18%), Ashapura Minechem(down 1.92%), Pokarna(down 1.64%), KIOCL(down 1.29%), Gujarat Mineral Dvpt Corporation(down 1.17%), NMDC Ltd(down 1.03%), Aro Granite Industries(down 0.83%) and Coal India(down 0.50%) were among the top losers. The NSE Nifty50 index was trading 138.6 points down at 19248.1, while the 30-share BSE Sensex was down 449.29 points at 64803.05 at around 11:00AM. Bajaj Finserv(up 1.32%), Oil & Natural Gas Corporation(up 0.61%), Bajaj Finance(up 0.46%), Bharat Petroleum Corporation(up 0.21%), Maruti Suzuki(up 0.14%) and Asian Paints(up 0.08%) were among the top gainers in the Nifty pack. On the other hand, IndusInd Bank(down 2.33%), Larsen & Toubro(down 1.72%), State Bank of India(down 1.59%), Tech Mahindra(down 1.55%), Adani Enterprises(down 1.5%), Apollo Hospitals Enterprises(down 1.29%), UltraTech Cement(down 1.14%), HDFC Bank(down 1.13%), Hindalco Industries(down 1.1%) and Dr Reddys Laboratories(down 1.05%) were trading in the red.

Coal India. According to the ministry, SECL has succeeded in starting its old and closed mines on MDO mode.

Madhav Marbles and Granites(up 5.99%), Ashapura Minechem(up 3.99%), MOIL(up 1.54%), Lexus Granito(up 1.40%), KIOCL(up 0.38%) and Aro Granite Industries(up 0.21%) were among the top gainers. Gujarat Mineral Dvpt Corporation(down 1.61%), Pokarna(down 0.67%), Orissa Minerals Development Company(down 0.63%), NMDC Ltd(down 0.49%) and Coal India(down 0.26%) were among the top losers. The NSE Nifty50 index was trading 33.0 points up at 19477.0, while the 30-share BSE Sensex was up 107.34 points at 65540.64 at around 11:20AM. Bharat Petroleum Corporation(up 1.71%), Adani Enterprises(up 1.69%), IndusInd Bank(up 1.66%), Asian Paints(up 1.32%), Adani Ports & Special Economic Zone(up 1.06%), Bajaj Auto(up 0.98%), UltraTech Cement(up 0.93%), Axis Bank(up 0.86%), Bajaj Finserv(up 0.82%) and UPL Ltd(up 0.73%) were among the top gainers in the Nifty pack. On the other hand, Hindalco Industries(down 0.92%), Mahindra & Mahindra(down 0.48%), NTPC(down 0.43%), Divis Laboratories(down 0.42%), Tata Consultancy(down 0.4%), Hero MotoCorp(down 0.38%), Oil & Natural Gas Corporation(down 0.37%), Dr Reddys Laboratories(down 0.29%), Coal India(down 0.26%) and Cipla(down 0.17%) were trading in the red.

New Delhi: The coal ministry has unveiled an ambitious plan to almost double India's coal production by fiscal 2030, with a compound annual growth rate (CAGR) of around 7.7%. In FY23, key coal-producing states, including Odisha, Chhattisgarh, Jharkhand, and segments of Madhya Pradesh, played a pivotal role in contributing a staggering 75% of India's total raw coal despatch, the ministry said. The need for increased coal production to sustain this momentum and power the nation's growth trajectory is evident.

NEW DELHI –The power ministry has directed imported coal-based power units to run at full capacity further till October in the backdrop of electricity demand smashing records in August. The ministry had in February directed the imported coal-based plants to run optimally till June 15 starting March 16, under section 11 of the Electricity Act in anticipation of higher demand in summer. It was then extended till September end. However, electricity demand met in India reached record highs this month touching 234 GW on August 17.

SMA on August 22 reflect strong market sentiment and growth potential. This surge in stocks, including Asian Paints, State Bank Of India, Reliance Industries, and Coal India, underscores the resilience and potential for growth within these companies. Let's explore the performance of these stocks.

reliance on coal as an energy source. The blast occurred on the outskirts of the historic city of Yan’an, an area deeply rooted in mining activities. The incident unfolded on Monday evening, with a total of 90 miners present in the shaft during the explosion, according to the provincial Department of Emergency Management. The Xintai Coal Mine, situated near Yan'an, experienced the explosion at 8:26 pm on Monday, as confirmed by the municipal emergency management bureau. Of the miners inside, nine were tragically trapped and subsequently found lifeless by the following morning. Two others managed to reach the surface but succumbed to injuries despite resuscitation attempts. An additional 11 individuals suffered light injuries and were transported to hospitals for treatment.

coal stock with thermal power plants and Coal India Ltd, coal minister Pralhad Joshi said on Tuesday. Almost 80 million tonnes of coal are available at plants and with the state-owned miner, he wrote on microblogging site X. The minister's comments come in the wake of rising electricity demand because of the humid weather and higher irrigation due to dry spells in some regions.

₹8,00,000 a year. Reservation will also be implemented as per the coal ministry’s policy, under which 14% seats will be set aside for SC students, 23% for ST, and 13% for OBC.

Odisha to move goods from four industrial clusters to ports of Paradip and Dhamra. Under the proposed plan, the infrastructure component will be done by the government on an engineering, procurement and construction (EPC) model. «A special purpose vehicle between Coal India Limited (CIL), Inland Waterways Authority of India (IWAI), Paradip Port and the Odisha government will be developing the infrastructure required to operationalise the National Waterway 5 (NW5),» a senior government official told ET, noting that an in-principle approval to form the SPV has been taken by the respective company boards. «There is also a commitment from the state government to take up the project,» he added.

Adani Power(up 5.83%), KEC International(up 4.50%), Adani Transmissions(up 4.44%), Karma Energy(up 3.25%), ADANIGREEN(up 2.18%), NLC India(up 2.15%), Power Grid Corporation of India(up 1.93%), Voltamp Transformers(up 1.89%), GE Power India Limited(up 1.69%) and Tata Power Company(up 1.54%) were among the top gainers. Orient Green Power Company(down 4.24%), Indo Tech Transformers(down 3.82%), K.P.I.

Coal India's in-house e-auction platform have been carried out satisfactorily, and the mechanism can have a full-fledged rollout across the company's coal-producing subsidiaries, officials said Sunday. A total of seven trial auctions involving nearly 18 million tonnes of coal have been conducted, they said. The mining major has entrusted its wholly owned subsidiary Central Mine Planning & Design Institute (CMPDI) to rollout the in-house e-auction system, with technical assistance from the National Informatics Centre.

Coal India fell 2% on Friday as the stock traded ex-dividend today. Coal India shares fell as much as 2.17 per cent at 227.25 on the NSE at 1.28 pm. The central public sector undertaking (CPSU) announced a final dividend of ₹4 per equity share during the Q4 and annual earnings announcement in May 2023.

Domestic benchmark index NSE Nifty fell 87.35 points to 19277.9, while the BSE Sensex traded 282.93 points down at 64868.09. On the other hand, Concord Biotech Ltd., Flexituff Ventures, Veto Switchgear, IRIS Business Servic and Tara Chand Logistic stocks hit their fresh 52-week highs today.

Gujarat Mineral Dvpt Corporation(up 2.87%), Oriental Trimex(up 2.63%), KIOCL(up 2.32%), Lexus Granito(up 1.75%), MOIL(up 1.18%), Pokarna(up 1.06%) and Madhav Marbles and Granites(up 0.12%) were among the top gainers. Ashapura Minechem(down 3.83%), Aro Granite Industries(down 3.55%), Coal India(down 2.02%), Orissa Minerals Development Company(down 1.88%) and NMDC Ltd(down 0.56%) were among the top losers.

The NSE Nifty index was trading 89.5 points down at 19275.75, while BSE Sensex was down 278.62 points at 64872.4 at the time of writing this report. In the Nifty index, Axis Bank Ltd.(up 0.92 per cent), Dr.