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Broker call▲ Bullish for Coal India
Here's why Coal India share price could go up to ₹500 as per Jefferies
The brief
- Jefferies expects higher global coal prices to support e-auction prices
- Estimated e-auction prices at ₹3,000 to ₹3,200
- Higher e-auction prices could support Coal India’s realisations and earnings
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| COALINDIA | Fri, 25 Sept | +1.0% | +0.6% | 0.4× | +1.0% · Nifty +0.3% |
✓ Classifier read this as positive; COALINDIA rose 0.6% against the Nifty on the day it traded.
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