Coal India query

I bought 100 shares of Coal India for 321 per share. I was mainly interested in the dividend. However the stock has been falling off since.

Any help/suggestions ?

 

Coal India is blue chip company. Very safe stock. PSU. Stock has not performed in the Bull market. Now is time to buy such stocks because they can perform when midcap stocks crash. If you have money you can buy more at 286 and average cost of 321. If no then hold stock until large cap rally comes.

 

Well thanks for the advice. Will hold it till then as I don't have extra money to put in !

 

Coal Prices are at the bottom and volume they dispatch is also at the low end. BUT, things are going to improve. With MODI's plan to deliver the electricity 24/7, lots of need for the coal. Also, Piyush Goyal is not going to sit tight and let Coal executive to take free ride, I think this is one of the blue cheap stock you want to keep for long long term.