Coal India Ltd (NSE: COALINDIA) – If you’re seeking a promising investment opportunity in the stock market, we present to you a company that holds the potential for substantial profits through strategic investments. Our focus today is on Coal India Company.
Investing in the shares of this company can yield significant returns, considering its Maharatna status. Experts have established a target price for this company, and we will provide you with comprehensive details about Coal India Company in this article.
Let us know about the company
Coal India Company holds the position of being the largest coal producer in the country and boasts the prestigious Maharatna status. As of March 2023, the company operates a total of 322 mines, comprising 138 underground mines and 170 open-cast mines.
Let’s know the target price of the expert
Assist Securities recommends purchasing the company’s shares for the upcoming 6 to 9 months, setting a target price of Rs 430. The firm suggests that investors have the potential to gain significant profits by investing in these shares.
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Let us know the condition of the company’s shares.
Currently, the company’s share price stands at Rs 390, exhibiting a remarkable 70% return to investors over the past 6 months. The 52-week high for the company’s shares is Rs 405. For one month, investors have witnessed a substantial 70% return. Additionally, there has been a 7.2% return and a 25% increase in the company’s shares over the past 3 months. Looking at the long term, the company has experienced a noteworthy 75% increase in the last year.
About Coal India
Coal India Limited is a central public sector undertaking in India, operating under the ownership of the Ministry of Coal, Government of India. With its headquarters situated in Kolkata, it holds the distinction of being the largest government-owned coal producer globally. As of 2023, it stands as the ninth-largest employer in India, boasting a workforce of nearly 272,000 employees.
CEO: Pramod Agrawal (since February 1, 2020)
Founded: November 1975
Founder: Government of India
Headquarters: Kolkata
Number of employees: 239,210 (2023)
Revenue: INR 1.45 lakh crores (US$18 billion, 2023)
Subsidiaries: Central Coalfields, South Eastern Coalfields
Fundamental Of Coal India Share
| Metric | Value |
|---|---|
| Market Cap | ₹ 2,39,976.64 Cr. |
| Enterprise Value | ₹ 2,38,801.75 Cr. |
| No. of Shares | 616.27 Cr. |
| P/E | 15.93 |
| P/B | 13.85 |
| Face Value | ₹ 10 |
| Div. Yield | 6.23 % |
| Book Value (TTM) | ₹ 28.11 |
| Cash | ₹ 1,174.89 Cr. |
| Debt | ₹ 0 Cr. |
| Promoter Holding | 63.13 % |
| EPS (TTM) | ₹ 24.44 |
| Sales Growth | 63.44% |
| ROE | 89.54 % |
| ROCE | 91.31% |
| Profit Growth | 32.14 % |
Conclusion
This article serves as a comprehensive guide to The expert who gave a new target for Coal Inda company Next Target 500₹ The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
Disclaimer:
Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.
This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.