Coal India: Near-term concerns cloud earnings outlook

Coal India: Near-term concerns cloud earnings outlook

Rising costs and downgrades of its mines coupled with weak quarterly performance saw the Coal India stock hit its 52-week lows recently. The key concern for the Street is about rising employee costs due to ongoing wage negotiations. Even though Coal India has been provisioning for wage revisions, the Street feels that the actual rise may be larger. Read more

Credits:www.business-standard.com

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