Coal India Limited, together with its subsidiaries, produces and sells coal worldwide.
Twit about COALINDIA stock
Latest twits on Coal India (COALINDIA)
Jai Alamuddin 03:26 PM 14-04-2015
$JSWSTEEL$TATASTEEL$COALINDIA China's yesterday announced imports and exports decline means much weaker demand for global commodities like steel coal oil #bearish
Rajesh Khattar 02:04 AM 13-04-2015
$COALINDIA Good WSJ article: The coal market is likely nearing a bottom, said Clive Burstow, a fund manager at Baring Asset Management Ltd... The coal market is clearly oversupplied now, but investments are slowing and emerging market demand is likely to lead a rebound in five years, he said. “Now is the time to be looking at coal companies,” Mr. Burstow said. “It does look very promising.” www.wsj.com/articles/chin...24956878#neutral
Niten 01:29 AM 13-04-2015
$COALINDIA world coal prices and demand are negatively driven by China's slowing down demand. At the other side for Coal India there is a tail wind by growing demand in India. Overall at 11x EV/EBITDA the company is too expensive. #bearish
Meera Sharma 05:59 PM 31-01-2015
$COALINDIA Coal prices, already down 52 percent since 2011, are forecast to keep falling. The rout shows that exporters’ OPEC-like tactics of trying to squeeze out high-cost producers have been frustrated by the rising dollar. #bearishwww.bloomberg.com/news/ar...y-dollar
Coal India Limited, together with its subsidiaries, produces and sells coal worldwide. It offers coking coal primarily for use in steel making and metallurgical industries, and for hard coke manufacturing; and semi coking coal for use as blend-able coal in steel making, merchant coke manufacturing, and other metallurgical industries. The company also provides NLW coking coal for use in power utilities and non-core sector consumers; and non-coking coal for use as thermal grade coal for power generation, as well as for cement, fertilizer, glass, ceramic, paper, chemical and brick manufacturing, and for other heating purposes. In addition, it offers washed and beneficiated coal for use in the manufacturing of hard coke for steel making and power generation; beneficiated non-coking coal for use in cement, sponge iron, and other industrial plants; and middlings for use in power generation, domestic fuel plants, brick manufacturing units, cement plants, industrial plants, etc. Further, the company provides rejects for use in fluidized bed combustion boilers for power generation, road repairs, briquette making, land filling, etc.; CIL coke/LTC coke for use in furnaces and kilns of industrial units, as well as for use as domestic fuel by halwais, hotels, etc.; and coal/coke fines for use in industrial furnaces, as well as for domestic purposes. Additionally, it offers tar/heavy oil/light oil/ soft pitch products, which are used in furnaces and boilers of industrial plants, as well as power houses, oil, dye, pharmaceutical industries, etc. The company is also involved in the provision of technical and consultancy services to third-party clients for coal exploration, mining, processing, and related activities; and coal mining activities in Mozambique, Africa. Coal India Limited was formerly known as Coal Mines Authority Limited. The company was incorporated in 1973 and is headquartered in Kolkata, India.