COALINDIA

Dharmesh Kant bets on banks, mining and AI themes; cautious on FMCG

• Dharmesh Kant highlighted value in Coal India and favoured banks, mining and AI themes
• He was cautious on FMCG and discussed automobiles and consumption
• Coal India and bank stocks are exposed to Kant’s stated preferences; FMCG faces his caution

Coal India Unit SECL said to hire banks for $800 million IPO

• SECL appointed ICICI Securities, SBI Capital Markets, Motilal Oswal and IDBI Capital Markets as advisers
• An IPO may create a listing opportunity in coal; Coal India shareholders are exposed

India orders 112 captive coal plants to run at full capacity from October 1

• The government ordered 112 captive coal plants to operate at full capacity from October 1
• The directive aims to meet rising electricity demand
• Higher coal burn could support Coal India, while full-capacity generation may ease power-supply constraints

Coal India subsidiary SECL prepares for an $800 million IPO

• South Eastern Coalfields is reported to be planning an $800 million IPO
• Offering size and timing could change as discussions continue
• An SECL listing could unlock value for Coal India shareholders

SAIL signs MoU with BCCL for joint development of coal blocks

• SAIL and BCCL signed an MoU to jointly develop and operate two coal blocks
• The blocks are Indikatta Ramnagore and East of Damagoria (Kalyaneshwari)
• The coal collaboration may support SAIL’s raw-material access and affect Coal India subsidiary BCCL

Jefferies strategist identifies energy as India’s leading structural growth story

• Jefferies’ Chris Wood named Hitachi Energy India as a picks-and-shovels play
• Wood sees India’s energy sector as a promising arena for growth
• Energy investment themes may benefit Hitachi Energy India, JSW Energy and other power-sector stocks

Here's why Coal India share price could go up to ₹500 as per Jefferies

• Jefferies expects higher global coal prices to support e-auction prices
• Estimated e-auction prices at ₹3,000 to ₹3,200
• Higher e-auction prices could support Coal India’s realisations and earnings

Can Coal India’s higher realizations sustain its stock recovery?

• Higher e-auction premiums and tighter coal inventories are supporting realizations
• Rising production and falling e-auction volumes could test the recovery
• Coal India’s realization outlook matters for Coal India shareholders and domestic coal users

Analysts pick Bank of Baroda, Coal India, Mankind Pharma, Dixon Technologies to buy; bearish on L&T, Pidilite

Coal expected to provide half of India’s power through 2035-36

• Coal is expected to generate **half of India’s electricity** by 2035-36 as power demand rises
• The Ministry of Power cited energy security as a reason for coal’s continued role
• Continued coal reliance supports demand outlook for Coal India and thermal-power companies