|
29 Sep 2025 |
Coal India
|
Consensus Share Price Target
|
388.30 |
411.65 |
- |
6.01 |
buy
|
|
|
|
|
08 May 2023
|
Coal India
|
ICICI Securities Limited
|
388.30
|
255.00
|
232.85
(66.76%)
|
Target met |
Accumulate
|
|
|
Coal India’s (CIL) Q4FY23 performance (adj. for wage provisioning) was slightly higher than consensus estimates. Key points: 1) Wage provisioning at Rs58.7bn was higher than street estimates of Rs25-30bn; 2) e-auction volume at 16.4mnte (down 41% YoY) was lower than our estimate of 20mnte.
|
|
08 May 2023
|
Coal India
|
Sharekhan
|
388.30
|
270.00
|
236.15
(64.43%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Coal India
|
SMC online
|
388.30
|
|
232.85
(66.76%)
|
|
Results Update
|
|
|
|
|
08 May 2023
|
Coal India
|
Axis Direct
|
388.30
|
275.00
|
232.85
(66.76%)
|
Target met |
Buy
|
|
|
Recommendation: We expect e-auction volumes to rise which could partially compensate for the falling e-auction premiums. With wage costs largely settled and possible trigger of FSA rate hike ahead we upgrade CIL to BUY from HOLD.
|
|
07 May 2023
|
Coal India
|
Motilal Oswal
|
388.30
|
285.00
|
237.40
(63.56%)
|
Target met |
Buy
|
|
|
|
|
02 May 2023
|
Coal India
|
ICICI Securities Limited
|
388.30
|
255.00
|
236.10
(64.46%)
|
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
|
388.30
|
260.00
|
222.05
(74.87%)
|
Target met |
Buy
|
|
|
|
|
24 Mar 2023
|
Coal India
|
Motilal Oswal
|
388.30
|
275.00
|
208.45
(86.28%)
|
Target met |
Buy
|
|
|
|
|
03 Feb 2023
|
Coal India
|
SMC online
|
388.30
|
|
218.90
(77.39%)
|
|
Results Update
|
|
|
|
|
02 Feb 2023
|
Coal India
|
ICICI Direct
|
388.30
|
250.00
|
217.65
(78.41%)
|
Target met |
Hold
|
|
|
|