BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Religare maintains hold on Coal India
Cola India's Q2 earnings were in-line with estimates. E-auction premiums stood at just 36 per cent, implying weak user industry demand from the non-power sector. Further downside to its business are limited given its already low price and potential dividend yield of 5 per cent is attractive.