Results of Coal India: As estimated by denofwealth, CIL has missed on all parameters ( sales, Ebidta, PAT). Stock may tomorrow open gap down at around 320-322. Stock may touch 300-305 Sept Expiry
Q2 unlikely to see any recovery as August despatched already down 9.6%. Coming months also, despatch may remain subdued due to closure of some power plants. No silver lining in near future for CIL.
Sell. Sell. Sell
Q2 unlikely to see any recovery as August despatched already down 9.6%. Coming months also, despatch may remain subdued due to closure of some power plants. No silver lining in near future for CIL.
Sell. Sell. Sell
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