Coal India’s shares surged following a stable March quarter performance, with a 12% rise in consolidated profit after tax to Rs 10,908 crore. Revenue also climbed 6% to Rs 46,490 crore, driven by better realisations. Analysts remain divided, with Jefferies and Motilal Oswal maintaining Buy ratings, while Morgan Stanley and HSBC suggest holding the stock.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a