Coal India533278Coal mining
Coal India's October off-take rose to 70 million tons, up 18.5% YoY, surpassing the March 2026 record, while e-auction premiums surged to around 140% for the month
By ScoutQuest · · 1 min read
- October off-take
- 70 million tons
- YoY off-take growth
- 18.5 percent
- Previous monthly record
- 69.4 million tons
- E-auction premium October
- 140 percent
- E-auction premium September
- 94 percent
Heard on business television between 14:55:54 - 14:58:54 IST.
- October off-take hit 70 million tons, up about 18.5% YoY, surpassing the previous monthly record of 69.4 million tons set in March 2026
- E-auction premium stayed above 90% for a second straight session, rising from around 94% in September to about 140% in October
- Street expects e-auction prices to stay elevated due to firm international coal prices, reduced Indonesian exports and low inventory at Coal India and power plants
- Listing of MCL and SCCL planned in H2FY, which could trigger a special dividend; over 10 rupees already paid in H1, with street expecting about 25 rupees per share total
- Axis Capital maintains an add rating with a 455 rupee target, citing improving earnings outlook and attractive valuations at under 5 times EV
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Source: Live TV News Channel · 2 Nov 2026
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