Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
275.25
Change Change %
-5.90 -2.10%

Updated:25 Sep, 2018, 15:59 PM IST

BSE
275.20
Change Change %
-6.25 -2.22%

Updated:25 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
16-08-2017 Hold 235.25 320.00
N/A
Closed Long (1Y)
16-08-2018

Nomura maintains neutral on Coal India

Coal India's revenues were 6%/2% below our/consensus forecast; EBITDA 4%/6% above our/consensus forecast, PAT 7%/-11% vs our/consensus forecast. We expect a muted stock price reaction to 1Q earnings. CIL is hosting an analysts' meeting on 16 Aug; we expect insights on demand/offtake, cost control, realisation and payout. Maintain Neutral, our earnings/TP are under review; at CMP, stocks trades at FY19F normalised EV/EBITDA of 5.9x.

Top