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LIGNITE PRICES
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...- NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
- NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bidsThe government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
- Strait of Hormuz disruption biggest risk to India's growth, inflation outlook: Finance MinistryIndia faces economic challenges from the West Asia war. Rising energy prices and a weaker rupee are concerns. A poor monsoon could worsen f...
- Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependenceThe Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasif...
- Investing in ability and quality of balance sheet? 5 large-cap stocks from different sectors with upside potential of up to 29%Predicting the movement of the Nifty and Sensex is a fool’s task. Thursday’s trading on the market only underlines this truism. And it is i...
- GMDC shares rocket 18% to new 52-week high. What’s triggering the sharp surge?Gujarat Mineral Development Corporation (GMDC) share price surged 18% to a new 52-week high of Rs 736, driven by robust trading volumes exc...
- Expected total revenue generation will be around 320 crore: L Kulshrestha, CFO, GMDCL Kulshrestha, CFO, GMDC says that the Lignite demand is increasing day by day and because our lignite is cheaper now.
- Lower VAT on lignite in GST regime to boost GMDC’s profitabilityGMDC incurs 37% tax on lignite, including VAT and excise duty. According to analysts, in case of 18% GST rate, levies will be reduced by `2...
- GMDC to gain from rise in imported coal prices, GSTIndustry experts believe that the tax rate for GMDC on lignite could reduce from 37%, at present to 12%, post GST.
- GMDC to gain as uncertainty over coal supply brings lignite in focusAmidst the uncertainty over domestic coal supplies, the Gujarat Mineral Development Corporation (GMDC) has emerged as a strong substitute t...
- What makes Gujarat Mineral Development Corporation a good long-term pick?With the ramp-up in new mines and increased pricing, GMDC should be able to generate an annualised EPS growth of around 19% during 2012-14.
- CCEA to consider new royalty regime for coal, ligniteThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
- Buy Neyveli Lignite with price target of 82: Mitesh ThackerBuy Neyveli Lignite. This one appears to have started short term price uptrend. 82 could be a good price target over here.
- Expect imported coal prices to correct further: Lalit Kumar Gupta, JSW EnergyLalit Kumar Gupta, Jt MD & CEO, JSW Energy in an interview with talks aout the disappointing quarter and the expansion plans of the company...
- Have fixed lignite prices for the period 2009-2014: K Sekar, Neyveli LigniteK Sekar, Director Finance, Neyveli Lignite in an interview with ET Now talks about how lignite prices are set and acquistion plans going fo...
- Buy Neyveli Lignite for target of Rs 155:ArihantArihant Capital Markets has advised traders to buy Neyveli Lignite for target of Rs 155.
- ONGC, GIPCL to tap lignite gassificationPowering their way ahead to ease the pressure of higher fuel prices, state-owned Gujarat Industries Power Company (GIPCL) and Oil and Natur...
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