Employee cost will not increase in every quarter. Coming results will be depends on coal price, production and offtake. several earnings triggers, such as gradual recovery in e-auction realisations led by higher import prices, start of linkage auction volumes from H2-FY17, better FSA realisations
7.19 PM Dec 15th 2016
NEGATIVE ALERT: modi govt today formally announced commencement of FSA effective 1st november wherein whole country poor people will get 2rs kg wheat and 3 rs kg rice. this populist measure aimed at UP elections will drain the state exchequer and increase fiscal deficit. FE report in this link.
2.24 PM Nov 3rd 2016
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