Buy Coal India, target price Rs 545: Anand Rathi
Coal India with a target price of Rs 545. The current market price of Coal India Ltd. is Rs 484.7.
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 293561.56 Crore) operating in Mining sector.
Coal India Ltd. key Products/Revenue Segments include Other Operating Revenue and Coal for the year ending 31-Mar-2023.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 39654.50 Crore, up 3.38 % from last quarter Total Income of Rs 38357.23 Crore and down -1.78 % from last year same quarter Total Income of Rs 40371.51 Crore. Company reported net profit after tax of Rs 8566.06 Crore in latest quarter.
Promoter/FII Holdings Promoters held 63.13 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.41 per cent, DIIs 23.11 per cent.
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