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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Morgan Stanley Maintains Overweight on Coal India
Morgan Stanley has maintained its 'overweight' outlook on Coal India for target price of Rs 530 per share. Morgan Stanley says that Coal India is transforming into a new company and looks much better positioned for growth. Morgan Stanley is convinced about its volume growth and pricing power and expects 31 per cent CAGR in EBITDA over FY2015-18.