Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
275.25
Change Change %
-5.40 -1.92%

Updated:21 Sep, 2018, 15:56 PM IST

BSE
275.65
Change Change %
-4.90 -1.75%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
08-06-2015 Buy 412.30 417.00
N/A
Target Hit Custom
08-06-2016

Nomura maintains buy on Coal India

Nomura believes that proposed methodology of auctioning coal linkages for non-regulated sector, wherein the floor price would be Coal India's (CIL) notified coal price for the non-regulated sector, clearly implies that the price discovery mechanism would boost realization of CIL. Nomura's calculations suggest that for FY15, the examine price of linkage coal for non-regulated sector was at a 20-25 per cent discount to the ex-port CIF price of 4000GCV Indonesian coal.

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