Latest news with #CCL
Time of India
14 hours ago
- General
- Time of India
From coal country to IIT classrooms: How ‘CCL Ke Lal-Laadli' is giving wings to forgotten dreams in Jharkhand's command areas
Ranchi: In Jharkhand's coal belt, where the rhythm of life follows the hum of dumpers and drills, childhoods often end early. For thousands of children in command areas of Central Coalfields Limited (CCL), school was a luxury, coaching a fantasy, and IIT — an impossible dream. Until one day, the mine gates opened, not for coal — but for Suganti Kumari, daughter of a fruit vendor in Kuju area, Ramgarh. Her father Mahesh Saw pushes a cart every morning to feed his family. Her mother, Saroj Devi, cooks and prays for a better life for her daughter. That prayer found an answer when Suganti cracked the entrance exam for 'CCL Ki Laadli' — CCL's flagship CSR programme that handpicks bright students from underprivileged families and grooms them for India's toughest engineering exams. 'I never thought someone like me could even dream of IIT. But now, I want to be the first engineer in my entire basti,' says Suganti, her eyes gleaming with determination. Launched in 2012 with just 11 boys as 'CCL Ke Lal', and expanded in 2016 to include girls under 'CCL Ki Laadli', the programme now selects 40 students every year (20 boys, 20 girls) from CCL's command areas — including Kuju, Barkakana, Rajrappa, North Karanpura and others. These are children of small farmers, fruit sellers, security guards, and daily wage labourers -- others. What binds them together is their potential — and their poverty. Sagar Rajak, son of Suresh Rajak, a small-time shopkeeper in Kuju, also cracked the entrance exam last year. 'My parents have sacrificed everything for my education. This is my chance to change their lives,' says Sagar, who now lives and studies at the CCL Ke Lal hostel in Ranchi. Once selected, students are brought to Ranchi and given everything — free IIT coaching , school education at DAV Gandhinagar, fully equipped hostels, nutritious meals, books, transport, sports, medical care, and most importantly, mentorship by CCL's own officers who are alumni of IITs and NITs. From Jitendra Kumar (IIT Kharagpur) to Naman Srivastava (IIT-BHU), these officers finish their desk jobs by afternoon and pick up the chalk in the evening — turning into teachers and torchbearers. 'We come from the same soil as these kids. We know their struggles. When I teach them, I see my younger self in them,' says Akhilesh Kumar, an IIT-BHU alumnus and one of the teaching officers, who was himself once a Super-30 student. Since its inception, 269 students have completed the programme. Many are now in IITs, NITs, IIITs, BIT Mesra, and other top engineering colleges. Some have bagged placements in Google, Microsoft, Amazon, Oracle, while others serve the country through CPSEs like HAL, or have cracked JPSC, like Laxman Yadav, now a District Education Officer in Sahebganj. The impact is visible — and personal. "My dream is to take my mother to a big city in a flight someday," says Suganti, clutching her physics book. "One day, I will open a coaching centre in Kuju so other kids like me don't have to stop dreaming," promises Sagar. Even homes that once resisted sending children away now pray for selection into the scheme. To ease the transition, CCL has created a home-like environment in Ranchi: 24x7 secure hostels, separate facilities for boys and girls, festivals like Diwali and Holi celebrated together, picnics, sports days, parent-teacher meetings, and motivational sessions to keep spirits high. The scheme has also introduced reservations since 2021 — with 26% seats for STs, 10% for SCs, 14% for OBC, and the rest unreserved — ensuring fair access across communities in these underserved regions. "This is more than a coaching programme. It's a social movement. These children are becoming the first engineers, civil servants, and role models of their communities," says Naman Srivastava, Deputy Manager at CCL and a key teaching faculty. From the mining outposts of Kuju, Ramgarh, Piparwar and Hazaribagh, to the campuses of IIT Delhi, IIT BHU, IIIT Allahabad — this journey isn't just about education. It's about rewriting destiny. And as twilight falls over Ranchi's Gandhinagar colony, and the laughter of young minds fills the hostel corridors, it becomes clear — in the very land that powers India's industries, a quiet revolution is now fuelling its future.
Yahoo
a day ago
- Business
- Yahoo
How Is Carnival Corporation's Stock Performance Compared to Other Travel Services Stocks?
With a market cap of $27.5 billion, Carnival Corporation & plc (CCL) is the world's largest cruise company, providing leisure travel experiences across North America, Australia, Europe, and other international markets. Operating under well-known brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, and Cunard, the company carries nearly half of global cruise guests. Companies valued at $10 billion or more are generally classified as 'large-cap' stocks, and Carnival Corporation fits this criterion perfectly, exceeding the mark. It also operates port destinations, hotels, railcars, and motorcoaches to support its cruise and tour offerings. Dear Tesla Stock Fans, Mark Your Calendars for June 30 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio Nvidia Is Quickly Approaching a New Record High. Is It Too Late to Buy NVDA Stock? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Shares of the Miami, Florida-based company have decreased 16.9% from its 52-week high of $28.72. Shares of Carnival Corporation have increased 12.5% over the past three months, outpacing the Direxion Daily Travel & Vacation Bull 2X Shares' (OOTO) 1.9% rise over the same time frame. Longer term, CCL stock is down 4.3% on a YTD basis, a less pronounced decline than OOTO's 19.3% drop. Moreover, shares of the cruise operator have surged 48.5% over the past 52 weeks, compared to OOTO's 8.9% return over the same time frame. The stock has risen above its 50-day moving average since early May. Despite reporting better-than-expected Q1 2025 adjusted EPS of $0.13 and revenue of $5.8 billion, shares of CCL fell 1.2% on Mar. 21. While operating income nearly doubled year-over-year to $543 million and adjusted EBITDA rose 38.3% to $1.2 billion, the company still holds $27 billion in debt, only slightly down from $27.5 billion the prior quarter. In comparison, rival Booking Holdings Inc. (BKNG) has lagged behind CCL stock over the past 52 weeks, increasing over 34% over the past 52 weeks. However, BKNG stock has gained 7.2% on a YTD basis, outpacing CCL's performance. Due to the stock's outperformance over the past year, analysts are bullish about its prospects. The stock has a consensus rating of 'Strong Buy' from the 25 analysts covering the stock, and as of writing, CCL is trading below the mean price target of $28.42. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Business Insider
3 days ago
- Business
- Business Insider
Goldman Sachs Sticks to Their Buy Rating for Carnival (CCL)
In a report released today, Lizzie Dove from Goldman Sachs maintained a Buy rating on Carnival (CCL – Research Report), with a price target of $31.00. The company's shares closed today at $23.28. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Dove is a 3-star analyst with an average return of 3.5% and a 61.22% success rate. Dove covers the Consumer Cyclical sector, focusing on stocks such as Royal Caribbean, Carnival, and Marriott Vacations Worldwide Corporation. In addition to Goldman Sachs, Carnival also received a Buy from Barclays's Brandt Montour in a report issued today. However, on June 13, Morgan Stanley maintained a Hold rating on Carnival (NYSE: CCL). The company has a one-year high of $28.72 and a one-year low of $13.78. Currently, Carnival has an average volume of 25.06M. Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CCL in relation to earlier this year. Last month, David Bernstein, the CFO & CAO of CCL sold 105,010.00 shares for a total of $2,398,428.40.
Yahoo
4 days ago
- Business
- Yahoo
Carnival (CCL) Dips More Than Broader Market: What You Should Know
Carnival (CCL) closed at $23.28 in the latest trading session, marking a -2.35% move from the prior day. This change lagged the S&P 500's daily loss of 0.84%. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, lost 0.91%. The stock of cruise operator has risen by 1.92% in the past month, leading the Consumer Discretionary sector's loss of 0% and the S&P 500's gain of 1.44%. The investment community will be closely monitoring the performance of Carnival in its forthcoming earnings report. The company is expected to report EPS of $0.24, up 118.18% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $6.2 billion, showing a 7.27% escalation compared to the year-ago quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.87 per share and revenue of $26.08 billion, indicating changes of +31.69% and +4.22%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for Carnival. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.03% higher. Carnival is currently a Zacks Rank #3 (Hold). In terms of valuation, Carnival is currently trading at a Forward P/E ratio of 12.78. This denotes a discount relative to the industry average Forward P/E of 20.07. It is also worth noting that CCL currently has a PEG ratio of 0.56. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Leisure and Recreation Services industry had an average PEG ratio of 1.48 as trading concluded yesterday. The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 75, this industry ranks in the top 31% of all industries, numbering over 250. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CCL in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Carnival (CCL) Earnings Expected to Grow: What to Know Ahead of Q2 Release
The market expects Carnival (CCL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended May 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This cruise operator is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of +118.2%. Revenues are expected to be $6.2 billion, up 7.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.02% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Carnival, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +4.94%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Carnival will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Carnival would post earnings of $0.02 per share when it actually produced earnings of $0.13, delivering a surprise of +550%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Carnival appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
