Buy Coal India, target price Rs 600: Motilal Oswal
Coal India Ltd. with a target price of Rs 600. The current market price of Coal India Ltd. is Rs 533.95.
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 321817.67 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 30-06-2024, the company reported a Consolidated Total Income of Rs 38349.21 Crore, down -3.29 % from last quarter Total Income of Rs 39654.50 Crore and up 2.21 % from last year same quarter Total Income of Rs 37521.03 Crore. Company reported net profit after tax of Rs 10858.15 Crore in latest quarter.
Promoter/FII Holdings Promoters held 63.13 per cent stake in the company as of 30-Jun-2024, while FIIs owned 8.39 per cent, DIIs 23.09 per cent.
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