|
09 Sep 2025 |
Coal India
|
Consensus Share Price Target
|
387.95 |
412.96 |
- |
6.45 |
buy
|
|
|
|
|
02 May 2023
|
Coal India
|
ICICI Securities Limited
|
387.95
|
255.00
|
236.10
(64.32%)
|
Target met |
Accumulate
|
|
|
We reinitiate coverage on Coal India (CIL) with a target price of Rs255 and an ADD rating. Key points: 1) incrementally higher production from profitable subsidiaries is likely to be margin-accretive; 2) progress underway for augmenting evacuation infrastructure to cater to incremental production.
|
|
10 Apr 2023
|
Coal India
|
ICICI Direct
|
387.95
|
260.00
|
222.05
(74.71%)
|
Target met |
Buy
|
|
|
|
|
24 Mar 2023
|
Coal India
|
Motilal Oswal
|
387.95
|
275.00
|
208.45
(86.11%)
|
Target met |
Buy
|
|
|
|
|
03 Feb 2023
|
Coal India
|
SMC online
|
387.95
|
|
218.90
(77.23%)
|
|
Results Update
|
|
|
|
|
02 Feb 2023
|
Coal India
|
ICICI Direct
|
387.95
|
250.00
|
217.65
(78.24%)
|
Target met |
Hold
|
|
|
|
|
01 Feb 2023
|
Coal India
|
ICICI Securities Limited
|
387.95
|
282.00
|
220.65
(75.82%)
|
Target met |
Buy
|
|
|
Coal India (CIL) has reported another strong print in Q3FY23. Revenue increased 23.7% YoY to Rs352bn, supported by 1.2% YoY increase in offtake at 175.8mnte and 23.1% YoY increase in average realisation at Rs1,843/te. EBITDA at Rs104bn was 52.2% higher YoY, while the company clocked an EBITDA/te of Rs591 (up 50.5% YoY).
|
|
01 Feb 2023
|
Coal India
|
Axis Direct
|
387.95
|
245.00
|
220.65
(75.82%)
|
Target met |
Hold
|
|
|
In light of the falling international coal prices, and expected fall in the e-auction premium, we downgrade CIL to HOLD from BUY.
|
|
16 Nov 2022
|
Coal India
|
Geojit BNP Paribas
|
387.95
|
250.00
|
229.55
(69.00%)
|
Target met |
Hold
|
|
|
|
|
11 Nov 2022
|
Coal India
|
SMC online
|
387.95
|
|
253.25
(53.19%)
|
|
Results Update
|
|
|
|
|
09 Nov 2022
|
Coal India
|
Axis Direct
|
387.95
|
275.00
|
255.80
(51.66%)
|
Target met |
Buy
|
|
|
We arrive at our target price of Rs 275/share (from Rs 262/share), implying an upside of 10.3% from the CMP.
|