*With Price Up, Trail Stop Loss* *Book Profit as per Risk Appetite*
*Fundamentally Strong Co* Reported Strong numbers (Q1-FY23): high domestic coal demand /continued elevated international coal prices. Supplied 153.2mnte: Power sector (in Q1FY23), up 19.8% YoY. E-auction volumes are expected to pick up in the coming months as power plants restock. With Power demand >200GW, dependence on domestic coal to remain strong /e-auction premiums to remain elevated in FY23. Ministry of Coal’s action plan for FY23: Launched Coking Coal Mission for enhancing production of coking coal from 45mnte in FY21 to 140mnte by FY30, including 105mnte from CIL.