CIL shares fail to kindle the fire

The company’s coal production, offtake numbers for November don’t offer much inspiration for investors

Pallavi Pengonda

Shares of India’s largest coal producer, Coal India Ltd (CIL), have been lacklustre on the bourses. So far this fiscal year, the stock has underperformed the BSE 100 index, despite decent results in the first two quarters. Analysts say sentiment for...

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