{"id":387499,"date":"2020-12-03T10:44:54","date_gmt":"2020-12-03T05:14:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387499"},"modified":"2020-12-03T10:44:54","modified_gmt":"2020-12-03T05:14:54","slug":"rise-in-production-sales-volumes-boost-coal-indias-revival-hopes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rise-in-production-sales-volumes-boost-coal-indias-revival-hopes\/","title":{"rendered":"Rise in production, sales volumes boost Coal India\u2019s revival hopes"},"content":{"rendered":"<p>After several months of tepid volume growth and rising renewable capacities, investors had shied away from Coal India Ltd. Its stock dropped to all-time lows in October. But a recovery in sales and low valuations is lifting sentiments. November\u2019s production and sales volumes were up 3.3% and 8% year-on-year (y-o-y). The stock gained 2.6% on Wednesday. However, it\u2019s still about 39% away from its pre-covid highs.<\/p>\n<p>While the lockdown impacted the company\u2019s volumes significantly during the June quarter, a recovery in the September quarter with a 10% sales growth comes at a good time. Cumulative production is up 3% y-o-y and sales are down by just 1.8%.<\/p>\n<p>Demand is up for thermal power generation lately. Power generation had slipped in April-August, but has recovered sharply since. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>After several months of tepid volume growth and rising renewable capacities, investors had shied away from Coal India Ltd. Its stock dropped to all-time lows in October. But a recovery in sales and low valuations is lifting sentiments. November\u2019s production and sales volumes were up 3.3% and 8% year-on-year (y-o-y). The stock gained 2.6% on Wednesday. However, it\u2019s still about 39% away from its pre-covid highs. While the lockdown impacted the company\u2019s volumes significantly during the June quarter, a recovery in the September quarter with a 10% sales growth comes at a good time. Cumulative production is up 3% y-o-y [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-387499","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387499","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=387499"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387499\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}