Rating: BUY | CIL: Stellar Q2 show, outlook positive

上海龙凤419

I-Sec research Coal India ltd (CIL) exceeded expectations in Q2FY24 with an EPS of `11.9/share, surpassing both our and consensus estimates by 35% and 25%, respectively. Key points include: Wage cost management: Wage costs, totalling `116.4 billion, remained at normalised levels and were within our projected estimates. Provision adjustment: A signi

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