Best Mining Stocks in India 2024

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The best mining stocks can be defined by various factors like financial performance, reserves and resources, management, diversification, operational efficiency, commodity prices, regulatory environment, dividend history, and geopolitical risks. 

A flagship company of the diversified Gautam Adani group, Adani Enterprises is a diverse company with interests ranging from the solar fab, edible oil, and airports to mining. 

Adani Enterprises:

Infosys 

Coal India: 

The government-owned company is the world’s biggest coal miner, targeting an output of 1 billion tonnes by 2025-26. 

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A subsidiary of Anil Agarwal promoted Vedanta Ltd, the company has seen its annual net profit improve in recent times. Its high dividend payout is also an advantage. 

Hindustan Zinc: 

Hindalco has seen increasing interest from foreign investors, and target price upgrades from brokers, in the past, so this can be a good buy to consider. 

Hindalco Industries: 

The mining conglomerate with interests spanning from oil to copper has had its fair share of problems over the recent past, including high promoter pledge and cash flow issues of the promoters. 

Vedanta Ltd: 

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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