Environmental clearance to be game changer for Coal India: G Chokkalingam
There will be lot of pressure on Coal India to maximise its output. This would be a major game changer for the company and hence for the stock price.
In a chat with ET Now, G Chokkalingam, Executive Director & Chief Investment Officer, Centrum Wealth Management, shares his views on Coal India.
ET Now: What is your call on Coal India?
G Chokkalingam: Coal India has requested to speed up the environmental clearance for mines. Coal India is believed to have some dispute with the environment ministry for about 68 mines. I feel there will be lot of pressure on Coal India to maximise its output. This would be a major game changer for the company and hence for the stock price.
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