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[ad_1] Coal India Share Price Today:  Coal India’s stock is currently trading at Rs 246.60, which is 2.03 per cent higher than previous day’s close. This indicates that the stock has experienced a slight increase in value. Meanwhile, it has risen over 30 per cent in the last one year. Coal India’s last-day open price was Rs 239.15, and the close price was Rs 240.85, with a high of Rs 242.4 and a low of Rs 239.15. The company’s market cap stands at Rs 148,706.67 crore, with a 52-week high of Rs 263.3 and a 52-week low of Rs 174.6. Should you Invest? Vaibhav Kaushik, Research Analyst, GCL Broking, giving it a ‘BUY’ rating, said the target price for Coal India is at Rs 270. Further, he said that the Demand for coal is also increasing due to the continuous growth of industrialisation and the Upliftment of the economy. Also, keeping in mind the point of freebie in elections mainly free electricity. Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd, said: “Lon

[ad_1] New Delhi:  Coal India Ltd, the world's largest coal miner, on Sunday reported a 17.7 percent drop in its March quarter net profit on higher provisions made for wage revision of employees. Consolidated net profit of Rs 5,527.62 crore, or Rs 8.98 per share, in January-March, is compared with Rs 6,715 crore, or Rs 10.86 a share earning in the same period a year back, according to the company's filing with stock exchanges. The decline in profit in the fourth quarter of 2022-23 (April 2022 to March 2023) was despite coal production and dispatches to users. ( Also Read: Google I/O Event 2023: Top 5 Launches Expected From The Happening ) The company said salaries for non-executives are due for revision from July 1, 2021, and pending finalisation of a wage agreement with unions, a provision of Rs 5,870.16 crore has been made in the quarter. ( Also Read: AI-Generated Pics Of Ratan Tata, Mukesh Ambani, And Other Billionaires As Working Out In Gym Goes Viral - Check How

[ad_1] Last Updated: July 03, 2023, 08:21 IST Stocks to Watch on July 3:  The Nifty futures contract traded on the GIFT Nifty indicates a positive start to domestic equities. The contract was trading at 19,360, up 15 points or 0.08% from the previous close. HDFC, HDFC Bank Housing Development Finance Corporation and HDFC Bank boards announced the merger of the two entities, effective from July 1 following approval from shareholders and regulators. Adani Transmission In two bulk deals, GQG Partners acquired a total of 2.13 crore shares in Adani Transmission. The GQG Partners Emerging Markets Equity Fund purchased 72.59 lakh shares at a rate of Rs 786.19 per share, while the Goldman Sachs GQG Partners International Opportunities Fund bought 1.40 crore shares at the same price of Rs 786.19 per share. GHCL Shareholders of soda ash manufacturer GHCL have rejected a resolution to reappoint its chairman Sanjay Dalmia as a director of the company, with about 32% of the votes polled agains