These stocks are expected to return between 11% and 26% https://ift.tt/ZwgK341 brokerage has raised its price target on the stock to Rs 290 from Rs 275, while maintaining a buy rating, citing strong coal demand in 2022 and 2023. Coal India, which has a dividend yield of 7.2%, is its top stock pick in the metals and mining sector.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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