Coal articles

Broker’s call: Coal India (Buy)

Coal India (CIL) reported 9.4 per cent production growth and 5.5 per cent offtake growth y-o-y in March 2018. Production jumped significantly in March versus the scanty 1-2 per cent growth seen in the previous months of the year. This may have been led by a) offloading of built-up stocks completed by January-February18; and b)