UBS ON COAL INDIA ACCUMULATE TP ₹550 • Higher coal offtake and… — ❁Stocks❁ ❁Result❁& BREAKING News — TG.ME

UBS ON COAL INDIA

ACCUMULATE

TP ₹550

• Higher coal offtake and e-auction premium seen in August 2026.

• Coal offtake grew 6% YoY, though below the 13% YoY growth in power demand.

• E-auction premium increased amid strong demand.
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September 3, 2026 952 1