Coal India gains 113% in 10 months, up 235% in 3 years; what lies ahead for this PSU stock?

Coal India gains 113% in 10 months, up 235% in 3 years; what lies ahead for this PSU stock?

Over the past 10 months, the stock price has surged from ₹229 to its current trading price of ₹489, yielding an impressive return of 113%. This bull run has pushed the stock to gain 235% in 3 years.  As the largest coal producer in India, the company has significantly benefited from the rising power demand, … Read more

Coal India share price rises 4% post Q4 earnings: Should you Buy, Sell or Hold the stock?

Coal India share price rises 4% post Q4 earnings: Should you Buy, Sell or Hold the stock?

Stock Market Today: Coal India Share price gained 4% during intraday trades on Friday post Q4 results posted by the company after the market hours on Thursday. Q4 earnings beat estimates Coal India had reported  consolidated net profit at ₹8,640.5 crore for the quarter ending March, which grew  25.8 percent YoY. The same came better … Read more

Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

The Nifty 50 index has gained nearly 3% in 2024 so far, but the broader markets have outperformed the benchmark as the Nifty Smallcap 100 rallied 6.8%, while the Nifty Midcap 100 index surged 7.7% YTD. During the last twelve months, the midcap and smallcap indices have gained 65% and 78%, respectively, while largecaps have … Read more