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    Buy Coal India, target Rs 255: Kunal Bothra

    Synopsis

    Buy Coal India Ltd. at a price target of Rs 255 and a stoploss at Rs 236 from entry point.

    Buy-sale5ThinkStock Photos
    Independent analyst Kunal Bothra has a buy call on Coal India Ltd. with a target price of Rs 255. The current market price of Coal India Ltd. is Rs 244.55. Time period given by the analyst is Intra Day when Coal India Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 236. Coal India Ltd., incorporated in 1973, is a largecap company with a market cap of Rs 151802.19 crore.

    Coal India Ltd. key Products/Revenue Segments include Coal which contributed Rs 362.93 Crore to Sales Value (97.99 % of Total Sales) and Other Operating Revenue which contributed Rs 7.44 Crore to Sales Value (2.00 % of Total Sales)for the year ending 31-Mar-2018.

    For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 23385.43 Crore, up 12.90 % from last quarter Sales of Rs 20712.71 Crore and up 12.93 % from last year same quarter Sales of Rs 20708.47 Crore Company has reported net profit after tax of Rs 4565.74 Crore in latest quarter. The company’s top management includes Dr.D C Panigrahi, Dr.Khanindra Pathak, Dr.S B Agnihotri, Mr.Anil Kumar Jha, Mr.B Dayal, Mr.B L Gajipara, Mr.C K Dey, Mr.R K Sinha, Mr.R P Srivastava, Mr.S N Prasad, Mr.V K Thakral, Mr.Vinod Jain, Ms.Loretta Mary Vas, Ms.Reena Sinha Puri. Company has Chaturvedi & Co. as its auditoRs As on 31-12-2018, the company has a total of 6,207,409,177 shares outstanding.



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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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