BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Credit Suisse maintains outperform on Coal India
Credit Suisse has maintained 'outperform' on Coal India for target price of Rs 400/share. It says higher output to offset lower average selling price and dividend yield remains strong at 6-8%. It adds that implied EV/FY18 EBITDA would be 8.5 times and buy back will boost sentiment in the near-term.