COAL INDIA LTD

Coal India PSU Stock going Multibegger

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Coal india is the single largest coal producing company in the world.
Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.

Coal India’s major consumers are the Power sector (82% of the total output) and Steel sectors and others include cement, fertilizer, brick, kilns, and a host of other industries

Company is keen on minimizing the carbon footprint of its operations and taking care of the environment. In an effort to become a net zero entity, it is aiming at installing 3,000 MW Solar Projects by FY24.
Stocks making multiple technical charts making Higher high lower low.

Finentional : finentional year 2022 net profit 17378 cr
2023 net profit 28125 cr
All time high sales and profit..

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