Gujarat NRE coke is India's largest producer of low-ash metallurgical coke, which is witnessing a global surge in demand and price. The company's recent acquisition of coal mines in Australia augurs well for the stock. Further, this company is expanding its wind power generation capacities from the current 27.5 mw to 87.5 mw by September this year. This would again be good for the stock. With robust demand for coke and rising prices, backward integration looks attractive at these levels.
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