BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Citi Maintains buy on Coal India
Citi has maintained its "buy" call on Coal India for a target of Rs 360. Dividend yield on Coal India is strong. Its volume is expected to recover post FY17. We cut FY17/18 estimated EPS by 10-15 per cent. Coal India trades at around 15 times its FY18 estimated earnings per shares.