ICICI Securities has buy call on with a target price of Rs 234. The current market price of Coal India Ltd. is Rs 124.2.
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 76941.66 Crore) operating in Mining sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 24334.62 Crore, up 9.43 % from last quarter Total Income of Rs 22237.82 Crore and down -1.09 % from last year same quarter Total Income of Rs 24602.19 Crore. Company reported net profit after tax of Rs 3083.95 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 66.13 per cent stake in the company as of Dec 31, 2020, while FIIs held 6.5 per cent, DIIs 22.15 per cent and public and others 5.22 per cent.
