← Top stories
Broker call▲ Bullish for Coal India
Dharmesh Kant bets on banks, mining and AI themes; cautious on FMCG
The brief
- 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
- Coal stocks worsen as 77 thermal power plants face critical inventories
- India orders 112 captive coal plants to run at full capacity from October 1
- SAIL signs MoU with BCCL for joint development of coal blocks
- As stocks fall at power plants, govt mulls imported coal blending