Whalesbook
Ab suno, yeh jo dhoop aur garmi pad rahi hai na, uske karan desh mein bijli ki maang ekdum top par pahunch gayi hai, 255 GW ko bhi paar kar gayi hai. Isi beech, Coal India ne April mein apna production 9.7% kam kar diya, matlab ab 56.1 million tonnes hi nikala. Aur jo bikri (offtake) hai, woh bhi 2% gir gayi, 63.2 million tonnes par aa gayi.
FY 2025-26 ki poori picture dekhein toh production 1.7% kam tha, around 768.1 million tonnes. Lekin yeh bhi dhyan do ki India ke khud ke commercial mines ne 200 million tonnes se zyada produce kiya aur 10.22% growth dikhaya.
Waise toh renewable energy ka share bhi badh raha hai, solar power ne toh recent peak demand ka one-third hissa pura kiya hai. Lekin 70% se zyada bijli toh abhi bhi coal se hi ban rahi hai. Agar Coal India, jo sabse bada domestic supplier hai, kam supply karega toh mehnga imported coal mangwana pad sakta hai.
Company ke alag-alag hisso mein bhi mix results hain. Kuch subsidiaries jaise Eastern Coalfields, Bharat Coking Coal, Western Coalfields mein output kam hua, toh wahi South Eastern Coalfields aur Central Coalfields mein growth dekha gaya. Production kam hone ka official reason abhi company ne bataya nahi hai.
Analysts ka bhi is par milaa-jula view hai. Stock price abhi ₹481.45 ke aas paas hai, par experts ka average target ₹431.38 se ₹457.50 ke beech hai. Isliye, bahut se analysts 'Hold' ya 'Neutral' rating de rahe hain. Company par pressure hai ki woh domestic production badhaye aur saath hi renewable energy se competition bhi manage kare.