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. Muted volume trend is likely to continue. Coal India trades at around 15 times its FY2018 estimated earnings per share. Expect around 8 per cent dividend yield despite buyback.