Coal India’s 7% yield is just the bait — the real jackpot is hidden in its subsidiaries
Coal India’s recent quarter looks weak on every metric analysts track.
Production is lower.
Offtake is lower.
Realisations are softer.
Profitability is down.
Brokerages have trimmed estimates and the stock trades as if the long-term direction is obvious and negative. On the surface, it resembles the familiar story of a commodity company stuck in a slow phase.
