BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Short (1M)
Edelweiss Recommends 'Hold' On Coal India
According to Edelweiss, Coal India's higher fuel supply agreement (FSA) realisation pursuant to better grade control is encouraging, but e-auction premium is expected to come off further, mirroring international coal prices. The risk-reward ratio appears to be balanced as robust FSA realisation offsets the lower e-auction volume and premium, the brokerage adds.