Coal India's Q1 capex up 16%, beats target

Coal India's Q1 capex up 16%, beats target. The company’s capital expenditure rose 16% YoY to ₹3,399 crore, surpassing its quarterly target. This reflects increased focus on capacity expansion and operational efficiency. Strong capex signals confidence in future production growth.

📊 STOCKS: COALINDIA | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex