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Stocks to watch: GMR Airports, ONGC, Coal India among 10 shares in focus today; check list here - Mint
Stocks to watch: GMR Airports, ONGC, Coal India among 10 shares in focus today; check list hereMint
Delhi HC rejects Great Eastern Energy’s plea on Raniganj Coalfield bid
The Delhi High Court has rejected Great Eastern Energy Corp's plea to validate its coal bed methane block bid or re-conduct the bidding process. The court found no evidence of systematic technical malfunction, citing GEEC's fragmented and incomplete activities on the e-bidding portal as a lack of diligence.
Small-cap stock under ₹50 jumps after these corporate updates
Sindhu Trade Links approved acquisitions and securities issuance to enhance its asset portfolio. The board increased authorized share capital and plans to acquire stakes in Advent Coal Resources and Sainik Mining through share-swap and preference shares.
SC junks plea against green nod for Adani MP project
The Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pradesh. The court also rejected a plea against the Madhya Pradesh government's approval. An activist had sought to declare the area an eco-sensitive zone, citing its importance as an elephant corridor and a biodiverse forest.
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its ground. The industry is pivoting towards enhancing operational resilience and implementing smart cost management to tackle these obstacles.
Stocks To Watch Today: Vodafone Idea, IndiGo, Coal India, RBL Bank, And ITC Hotels
Here's a look at stocks that are likely to be in focus during the trading session on Monday.
Regulator in India's top solar state again blocks 3.2 GW coal power project
Rajasthan's power regulator has again rejected a proposed 3.2 gigawatt coal power project. The regulator wants state utilities to first reassess demand and capacity needs. This decision comes as other Indian states increase coal power purchases to meet rising demand for round-the-clock electricity. India aims for significant non-fossil fuel power capacity by 2030.
Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence
The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet briefing.
Coal India subsidiary makes new post-listing high after surging up to 20%
CMPDI's management told CNBC-TV18 it was confident of maintaining 30% profit after tax (PAT) margins 40% earnings before interest, tax, depreciation and amortization (EBITDA) margins for financial year 2027.
L&T Energy Hydrocarbon Onshore wins order from Bharat Coal Gasification and Chemicals
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore.
Coal India among 10 companies offering dividend yield of up to 11%. Check list here
SBI Securities' Dividend Yield Monitor highlights companies consistently rewarding shareholders. Allcargo Logistics leads with an 11.4% yield, followed by Premco Global at 10.5%. The report identifies ten companies, including Coal India, offering attractive dividend yields for income-focused investors.
Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grant
A government sub-committee found coal dust and wastewater impacting mangroves at JSW Dharamtar Port. This occurred before an expert panel recommended environmental clearance for port expansion. JSW has acknowledged these issues and agreed to implement recommendations. The port's operations pose a risk to the Dharamtar creek's sensitive mangrove ecosystem.