LIC-Backed PSU: Maharatna Stock Gets Buy Call After FY24 Volume Update; Bet?
GoodReturns | April 5, 2024 6:15 PM CST
The largest coal producer in the world, both domestically and internationally, is Coal India Ltd (CIL). It is a \"Maharatna\" PSU that functions under the Ministry of Coal's supervision. In FY25, Coal India aims to deliver 838 MT of coal. In light of government plans to provide uninterrupted power to every home in the nation by 2025, Coal India has set a lofty goal to produce 1000 MT of coal by FY26. The firm recently revealed that, for the first two years since its founding, its sales volume for FY24 had grown by double digits. In response, ICICI Direct Research, a brokerage company, launched a...
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