{"id":384496,"date":"2020-11-17T12:07:05","date_gmt":"2020-11-17T06:37:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384496"},"modified":"2020-11-17T12:07:05","modified_gmt":"2020-11-17T06:37:05","slug":"coal-india-rating-buy-a-much-improved-earnings-performance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-rating-buy-a-much-improved-earnings-performance\/","title":{"rendered":"Coal India rating \u2013 Buy: A much improved earnings performance"},"content":{"rendered":"<p>CIL reported A much improved earnings performance in Q2FY21 aided by (i) 9.4% y-o-y increase in sales volumes; (ii) reversal of OBR provision of Rs 5.7 bn; and (iii) a surprising 44% y\/y increase in e-auction volumes despite weak auction prices (-29% y\/y ). Improvement in e-auction premiums have been measured since Q2FY21, though the volume trajectory will likely look better due to a favourable base and improving demand. Maintain Buy; revised FV Rs 180 (from Rs 195).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CIL reported A much improved earnings performance in Q2FY21 aided by (i) 9.4% y-o-y increase in sales volumes; (ii) reversal of OBR provision of Rs 5.7 bn; and (iii) a surprising 44% y\/y increase in e-auction volumes despite weak auction prices (-29% y\/y ). Improvement in e-auction premiums have been measured since Q2FY21, though the volume trajectory will likely look better due to a favourable base and improving demand. Maintain Buy; revised FV Rs 180 (from Rs 195).<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-384496","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384496"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384496\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}