Coal India - Improvement In Operating Metrics Continue: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Coal India Ltd. reported an improvement in its operating metrics, with output from open cast mines continuing to rise in overall output to 96% in FY22 from 95% in FY20, despite a 4% growth in total output. Manpower productivity in both underground and open cast mines improved by 8%/7%. The manpower productivity at open cast mines now stands at 4,061t per employee. With the opening up of additional mega mines, manpower productivity is likely to improve substantially. Given the energy crisis globally, Coal India has been diverting additional coal to the power sector, leaving lesser coal available for the non-regulatory sector. In addition, reforms in the e-auction process has resulted in a consolidation of five e-auctions into a single e-auction for end-users. This, in turn, has led to a substantial hike in premium since March 2022. Premiums have shot up more than 290% since the introduction of unified e-auction..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Coal India - Improvement In Operating Metrics Continue: Motilal Oswal

Coal India - Improvement In Operating Metrics Continue: Motilal Oswal

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