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Coal India gains; Citi upgrades after Supreme Court verdict

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Reuters
Last Updated : Sep 25 2014 | 10:28 AM IST

Reuters Market Eye - Coal India gains 1.2 percent, adding to Wednesday's 4.9 percent gain.

Citigroup upgrades to "buy" from "neutral", citing de-allocation of captive coal blocks as a positive for company's e-auctions of coal to customers

Coal India expected to manage de-allocated coal blocks until they are re-auctioned.

(Reporting by Abhishek Vishnoi)

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First Published: Sep 25 2014 | 10:11 AM IST

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