BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA maintains buy on Coal India
Concerns on weak coal demand are overdone. Selling price should improve in FY17 with fuel supply agreement price hike. Coal India is trading at reasonable valuation post correction. Target cut from Rs 440 to Rs 390 per share.