Coal India Stock Approaches 52-Week Peak; Jefferies Predicts Further Gains

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Coal India Soars: Jefferies Raises Target to ₹485, Sees 9% Upside on Strong Outlook

Coal India Soars: Jefferies Raises Target to ₹485, Sees 9% Upside on Strong Outlook

C

CNBC TV18•11-03-2026, 08:45

Coal India Soars: Jefferies Raises Target to ₹485, Sees 9% Upside on Strong Outlook

•Jefferies reiterates 'Buy' rating on Coal India, raising price target to ₹485 from ₹450.
•New target implies a potential 9% upside from Tuesday's closing level of ₹443.45.
•Brokerage expects earnings to grow at 9% CAGR from FY26-FY28 after an initial decline.
•Factors like strong power demand, higher global coal prices, and maintained market share drive optimism.
•Stock valuation remains attractive at 9.3x FY27 P/E with a 6% dividend yield.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Coal India share price, Coal India stock, Coal India shares, Coal India, Coal India Q3, Coal India Q3 earnings, Coal India Q3 results, Coal India earnings, Coal India results, Coal India margins, Coal India EBITDA, Coal India weak earnings,

Coal India Shares Surge: Stronger Pricing Expectations Drive Gains

Local women carry coal taken from open cast coal field at Dhanbad district in the eastern Indian state of Jharkhand September 19, 2012. With oil and gas output disappointing and hydropower at full throttle, Asia's third-largest economy still relies on coal for most of its vast energy needs. About 75 percent of India's coal demand is met by domestic production and, according to government plans, that won't change over the next five years. Picture taken September 19, 2012. To match INDIA-COAL/ REUTERS/Ahmad Masood (INDIA - Tags: BUSINESS EMPLOYMENT ENERGY SOCIETY ENVIRONMENT)

Coal India Q3 Profit Beats Estimates, Declares Dividend Amidst Revenue Decline

Nifty View : सिद्धार्थ खेमका ने कहा कि जियोपॉलिटिकल रिस्क और तेल सप्लाई में रुकावट की संभावना को देखते हुए मार्केट शॉर्ट टर्म में सतर्क रहेंगे।

Market Recovers After Yesterday's Fall; Banking, Defense Stocks Lead Gains

Gold Price Outlook: గోల్డ్ రేట్ టార్గెట్‌పై పిడుగులాంటి రిపోర్ట్... జూన్ లోగా ఎంత పెరుగుతుందంటే (ప్రతీకాత్మక చిత్రం)

Gold Price Shock: UBS Predicts $6,200/Ounce by 2026, Rs 2 Lakhs Per 10 Grams

Axis Securities ने सरकारी बैंक State Bank of India के लिए 1,280 रुपये का टारगेट तय किया है।

11 Stocks Poised for Up to 60% Returns: Brokerages Bullish Amidst Market Dip

AI generated image

Star Cement Targets 12-15% Volume Growth by FY27, Expands North India Footprint