BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
Bank of America Merrill Lynch maintains buy on Coal India
Rise in production to drive earnings growth. Expect 11 per cent CAGR in earnings per share over FY15-20. Risks to earnings estimates are skewed to the upside. Expect EBITDA margin to rise to 33 per cent by FY20 against 25 per cent in FY15.