For Coal India, solar power foray a positive; volumes key to near-term prospects1 min read 19 Apr 2021, 11:38 AM IST
Notwithstanding the multiple concerns, analysts maintain a positive view on the stock. This follows a handsome dividend yield of about 7% and also attractive valuations of 5.8 times FY22 estimates that the stock is trading at
MUMBAI: Coal India Ltd has been in news for diversifying to solar power business having incorporated two wholly-owned subsidiaries - CIL Solar PV Limited for manufacturing of solar value Chain (Ingot-wafer-Cell Module) and CIL Navikarniya Urja Limited for renewable energy.
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