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Stocks To Watch Today: Asian Paints, BEML, NMDC, Coal India And IREDA
Here's a look at stocks that are likely to be in focus during the trading session on Friday.
Stocks in news: RIL, Coal India, IDFC First Bank, Zydus Life, ONGC
Markets traded subdued with the India VIX correcting nearly 15% this week, though this hasn't significantly impacted benchmark index movement. RIL announced its AGM for June 19, 2026, while Coal India's government offer-for-sale will exercise the oversubscription option. Bharat Dynamics reported a 58.5% YoY drop in Q4 FY26 net profit, contrasting with Ashok Leyland's 14% YoY rise.
Coal India OFS gets good demand amid green energy risks
Coal India's offer for sale opens for retail investors amidst a conflicting investment narrative. While the state-owned miner boasts strong financials and a consistent dividend track record, concerns over its long-term prospects due to the global shift towards renewable energy persist. Non-retail investors showed strong demand, subscribing 8.14 times on the first day.
Coal gasification can help cut dependence on imports: G Kishan Reddy
India aims to cut reliance on imported chemicals through coal gasification. The government is offering significant financial support and incentives for new projects. Companies have been urged to invest in coal gasification plants. A draft proposal is expected soon, with the scheme likely to launch by early July.
Coal gasification scheme open to private sector, govt to provide 30-year coal linkage: MoS Dubey
The Indian government is fully opening its coal gasification scheme to private sector players. Investors are assured of 30-year coal linkage support to encourage large-scale investments. The scheme welcomes independent participation or joint ventures. The government will support cost-effective technologies for Indian coal. Projects near coal production sites will reduce costs and pollution.
Coal India OFS: Here's What Retail Investors Should Know
The OFS opened for non-retail investors on May 27, with the retail portion expected to be opened tomorrow. The floor price was fixed at Rs 412 per share against the last traded price of Rs 444.85 on the BSE.
Coal India OFS to open for retail investors on Friday: Should you bid in for Maharatna PSU stock's stake sale? - Mint
Coal India OFS to open for retail investors on Friday: Should you bid in for Maharatna PSU stock's stake sale?Mint
World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA
The world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The International Energy Agency warns this will reshape global investment, mirroring the 1970s oil shocks. While renewables and nuclear power see growth, natural gas and even coal are experiencing a resurgence amid fears of supply disruptions.
Coal India OFS subscribed over 8 times on day 1; govt to exercise greenshoe option
The Coal India OFS is part of the government’s broader disinvestment and public shareholding strategy aimed at improving market liquidity and raising non-tax revenue through stake sales in listed public sector enterprises.
BSE fines Coal India Rs 5.45 lakh for Q4FY26 non-compliance - scanx.trade
BSE fines Coal India Rs 5.45 lakh for Q4FY26 non-compliancescanx.trade
Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first day
Strong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors placed bids worth around Rs 19,000 crore on the first day, while the government expanded the issue size to 2% amid continued interest in the dividend-paying PSU stock.
Govt to sell additional 1% Coal India stake after OFS gets oversubscribed 8 times
Coal India’s offer-for-sale (OFS) was oversubscribed 8.14 times on the first day, prompting the government to exercise the entire greenshoe option for an additional stake sale.