Buy Coal India for 25% gain & 9% dividend yield

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Oct 22, 2023.

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  1. Vidhi Khanna

    Vidhi Khanna Well-Known Member Staff Member

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    Coal India has plenty of steam left. It is getting best of both worlds & is at an interesting juncture with robust volume growth & firm price outlook. Cash generation is robust enough for maintaining a dividend yield of 9% till FY25E. Buy for TP of INR 395 (25% gain)

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    Vidhi Khanna, Oct 22, 2023
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