Coal India Q4 Results Miss Estimates, Profit Surges 26% YoY [Video]

Indian government’s ‘Maharatna’, Coal India, posted their Q4FY24 results yesterday. Despite price cuts, the net profits went up over 25% owing to cost efficiency and benefits from changes in accounting for stripping activities for open-cast mining. Kush Bohra explains the course the stock is likely to take over the next year post elections.

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