Northern Coalfields

Northern Coalfields eyes removal of 410 million cubic metres of overburden materials from its coal mines in FY23

Northern Coalfields Ltd (NCL) has so far removed 400.56 M CuM OB with remarkable year-on-year growth of 28.30 per cent, the company said in a statement.

CIL's 3 arms slash valuation by 75%, but Rs 5063-cr share buyback on track

A Coal India executive said that earlier valuations included for calculation valuations for international companies, which resulted in higher numbers for three subsidiaries – Northern Coalfield, Mahanadi Coalfields and South Eastern Coalfields.

Dilip Buildcon up 4% on Rs 911-crore order win

Stock rises 4 percent after it emerged as the successful bidder for four-laning of a section on NH-361 in Maharashtra; total project cost is estimated at RS 911.07 crore and will take 24 months to be completed.

Coal India arm awards Rs 1,470 cr project to Dilip Buildcon JV

Dilip Buildcon Limited (DBL) is a private sector road-focused engineering procurement construction(EPC) contractor in the country. It is a growing infrastructure development firm with about 78.44 percent y-o-y growth for the last four years, the company said on its website.

Dilip Buildcon wins project worth Rs 1470cr; shares gains 2%

The Northern Coalfields (MP) has declared the Dilip Buildcon's JV DBL-DECO as the successful bidder for a project of Rs 1469.84 crore.

Coal India up 2% as June production rises 10%; Nomura bullish

The robust production growth in June 2016 was led by Mahanadi Coalfields ( up 22 percent) and double-digit growth at Eastern Coalfields (ECL), Central Coalfields (CCL) and Northern Coalfields (NCL).

Coal India arm CCL to buyback shares worth Rs 1,128 cr

Coal India on June 17 said its subsidiary CCL will buy back shares worth Rs 1,128 crore, a move which can help the parent add to the government's divestment programme

Coal India up 1% on subsidiaries share buyback; analysts mixed

Nomura agrees that rising proportion of lower grade coal to keep realisation under pressure, earnings dent from wage revision may not be as high as investors fear. It has a buy rating with a target price of Rs 345 per share. Nomura also thinks that a share buyback seems imminent but quantum will likely lower the dividend payout in FY17.

Coal India arms to buyback shares worth Rs 1,978 crore

The board of directors of Mahanadi Coalfields Limited on June 11 "has considered and approved the buyback of 4,43,973 fully paid equity shares of face value of Rs 1,000 each from the members of the company on a proportionate basis through tender offer," CIL said in a regulatory filing.