Coal India Limited
COALINDIA.NS
₹432.90
▲ 3.01%
Coal India extended its recent momentum with a 3.01% gain to ₹432.90, still riding the wave from its DRHP filing for the Mahanadi Coalfields IPO — an offer-for-sale of up to 661.8 million shares, or roughly a 10% stake, sized at around ₹10,000 crore. MCL is no small subsidiary either, accounting for 21% of India's total coal output and 28.4% of CIL's own FY26 production, which explains why the stock notched its sharpest intraday gain in three months when the news first broke on September 2. Adding to the good news, CIL's e-auction pricing has strengthened too, with coal fetching a 59% average premium over the notified price in August, up from 46% in the first five months of the fiscal year. Analyst sentiment remains firmly positive, with a consensus 'buy' rating and an average target of ₹462.56 across 25 analysts, well above current levels, even though the stock's 2-year CAGR of -5.47% shows it hasn't been a straight-line story.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| 10.56% | -6.07% | 23.83% | 2.75% |
Analyst Consensus
Average Target Price: ₹462.56 (range ₹350.00 - ₹550.00) based on 25 analysts
Strong Buy: 6
Buy: 9
Hold: 6
Sell: 3
Strong Sell: 1
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