BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Kotak maintains reduce on Coal India
Kotak has maintained its "reduce" rating on Coal India with a target price of Rs 315. We see weakness in FY17 earnings. Earnings revival pushed back by another year. Absence of volume growth is a key concern.