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Bajaj Auto, Tata Motors and Coal India among Top 5 Index Performers in FY24

Published on April 02, 2024
Current Context: Indeed, Bajaj Auto, Tata Motors, and Coal India have shown impressive performances in FY24.
Bajaj Auto, Tata Motors and Coal India among Top 5 Index Performers in FY24
  • Bajaj Auto:
    • Bajaj Auto was among the top 10 best-performing large caps on the Nifty 50, delivering hefty returns in the range of 80-140% in FY24.
    • The company’s domestic sales surged by 24.63% year-on-year in 2023-24.
  • Tata Motors:
    • Tata Motors delivered a strong performance in Q3 FY24 with revenue of ₹110.6K Cr (up 25.0%), EBITDA at ₹15.8K Cr (up 60.6%).
    • In March 2024, Tata Motors sold a total of 50,297 passenger vehicles, including 6,738 electric vehicles.
  • Coal India:
    • Coal India Limited (CIL) produced 773.6 million tonnes (MTs) of coal in FY 2024, registering a 10% growth over a high base of 703.2 MTs of FY 2023.
    • India, for the first time, recorded 1 billion ton (1,039 MT) of coal and lignite production in FY24, of which CIL alone produced 77 percent.
  • These companies have indeed made significant contributions to their respective sectors and the overall economy.

Question:

Q.1 How much coal did Coal India Limited (CIL) produce in FY 2024?
a. 773.6 million tonnes (MTs)
b. 673.6 million tonnes (MTs)
c. 873.6 million tonnes (MTs)
d. 973.6 million tonnes (MTs)
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