Once shunned, Coal India is now a sought after stock. The scrip has climbed 56.93 per cent to Rs 229.20 a piece this year. The company reported a profit margin of 25.24 per cent in June quarter, 20.52 per cent in March, 16.03 per cent in December 2021, 12.61 per cent in September and 12.55 per cent in the year-ago quarter.
Can Israel-Iran war help silver hit a new record high past $121 and gold over $5,595?
Renewed Middle East tensions following the Israel-Iran conflict have revived safe-haven demand for gold and silver. After a sharp correction earlier this year, both metals