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Central Mine Planning & Design Institute IPO GMP indicate double-digit listing gains— 10 key things to know from RHP
Coal India-backed Central Mine Planning & Design Institute's IPO will open for public subscription from Friday, March 20, to Tuesday, March 24. The issue is entirely an offer for sale (OFS) of 10.71 crore shares of face value of ₹2 each.
Nirmal Bang sees defence growth, flags cement margin pressure on fuel costs
Jyoti Gupta, Senior Research Analyst at Nirmal Bang Institutional Equities, remains positive on defence, citing strong order books and execution visibility despite rich valuations, with picks like HAL and BEL. On cement, she sees limited gas impact but rising pet coke and coal costs may pressure margins. Demand may moderate, though she prefers large caps like Ambuja and UltraTech while staying cautious on weaker regional players.
Stocks to buy for short term: From Coal India, MCX to Astral— Experts recommend 6 technical picks for next 1-2 weeks - Mint
Stocks to buy for short term: From Coal India, MCX to Astral— Experts recommend 6 technical picks for next 1-2 weeksMint
IPO-bound CMPDI bets on parent Coal India to power future growth
Coal India has set an ambitious production target of reaching one billion tonnes and eventually 1.5 billion tonnes as demand grows along with electricity consumption.
Govt plans to add 97,000 MW coal, lignite-based thermal capacity by 2035: Shripad Naik
India is set to boost its power generation capacity. The government plans to add 97,000 megawatts of coal and lignite-based thermal power by 2034-35. This expansion aims to meet a projected demand of 3,07,000 megawatts. Significant progress is already underway with ongoing construction and awarded contracts for thermal projects.
India sees power use surging to record, adding to energy crisis
India braces for a record surge in power demand this summer. This comes as the nation faces energy challenges exacerbated by the ongoing war in Iran. Authorities are working to secure fuel supplies for power stations. The country's electricity needs are expected to climb significantly. This situation puts added pressure on coal power plants.
CMPDI IPO GMP jumps! Coal India-backed Central Mining sees strong demand in grey market ahead of offer launch
Coal India's CMPDI IPO is set to launch with a price band of ₹163 to ₹172. The grey market premium indicates potential profitability. The IPO subscription runs from March 20 to 24, with a target to raise ₹1,837.8 crore.
57,233% return! Coal India set to make multibagger gains on Central Mine Planning IPO
Central Mine Planning IPO is set to launch on March 20, with a price band of ₹163-172. The company aims to raise ₹1,842 crore, benefiting its parent, Coal India, which stands to make a 57,233% gain on its investment.
Stocks to buy: From Coal India to JSW Energy, Axis Direct bets on these 5 stocks as India’s power demand heats up
Axis Direct maintains Buy ratings for Coal India, Skipper, and JSW Energy, highlighting strong demand and infrastructure expansion in India's power sector. Target prices are ₹500 for Coal India, ₹470 for Skipper, and ₹630 for JSW Energy.
Metal stocks in focus: JSW Steel, Jindal Stainless, Hindalco on investors' radar today
While JSW Steel has announced plans to develop a coking coal mine in Mozambique, Jindal Stainless has flagged fuel availability constraints impacting plant operations. Meanwhile, Hindalco has clarified that its aluminium extrusions operations have not been halted following a recent news report.
Stocks to buy for short term: From Coal India to Aurobindo Pharma— Jigar Patel of Anand Rathi recommends these 3 shares - Mint
Stocks to buy for short term: From Coal India to Aurobindo Pharma— Jigar Patel of Anand Rathi recommends these 3 sharesMint
Another Coal India subsidiary heads to Dalal Street; Check price band and other details
Central Mine Planning and Design Institute Ltd (CMPDI), a consultancy arm of Coal India, will have a post-listing market capitalisation of ₹12,280.8 crore at the upper end of the price band.