IPO & listingFinancial Express
Coal India vs MCL, SECL IPOs: Should investors Buy the parent for 6.66% yield or wait for listings?
Neutral0
GreyOak summary
Coal India plans to list its subsidiaries Mahanadi Coalfields (MCL) and South Eastern Coalfields (SECL) via offers for sale. Proceeds from these listings will go to the parent company rather than the subsidiaries. Analysts debate whether investors should hold the diversified parent or wait for the subsidiary listings.
What it affects
- Coal IndiaCOALINDIANeutral 0
Parent company preparing to unlock valueRolling sentiment Positive +19
Source
Read the original at Financial ExpressMore Coal India news
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