Motilal Oswal has buy call on Coal India with a target price of Rs 190. The current market price of Coal India Ltd. is Rs 137.
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 84675.89 Crore) operating in Mining sector.
Financials For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 19484.15 Crore, up 14.56 % from last quarter Sales of Rs 17007.10 Crore and up 2.62 % from last year same quarter Sales of Rs 18986.50 Crore Company reported net profit after tax of Rs 2950.81 Crore in latest quarter.
Promoter/FII Holdings Promoters held 66.1 per cent stake in the company as of Sept 30, 2020, while FIIs held 7.2 per cent, DIIs 22 per cent and public and others 4.7 per cent.
