Buy Coal India for target price of ₹585 (33% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Oct 29, 2024.

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  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Coal India is the largest coal producer globally. It is a 'Maharatna' PSU. It has superlative return ratios (RoCE’s at ~30%+), healthy net cash positive Balance Sheet and a robust dividend yield (~6%). Buy for target price of ₹585 (33% upside)

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    Vidhi Khanna, Oct 29, 2024
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