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Buy Coal India, target price Rs 220: Kunal Bothra

Kunal Bothra of Independent Analyst has buy call on Coal India Ltd. with a target price of Rs 220.0 . The current market price of Coal India Ltd. is Rs 204.95 Kunal Bothra recommended to keep stoploss at Rs 196
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 122853.99 Crore) operating in Mining sector.

Coal India Ltd. key Products/Revenue Segments include Other Operating Revenue which contributed Rs 618.91 Crore to Sales Value (66.24 % of Total Sales) and Coal which contributed Rs 315.39 Crore to Sales Value (33.75 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 23223.00 Crore, down -13.04 % from last quarter Sales of Rs 26704.27 Crore and up 3.64 % from last year same quarter Sales of Rs 22407.73 Crore Company has reported net profit after tax of Rs 4630.63 Crore in latest quarter. The company’s top management includes Dr.D C Panigrahi, Dr.Khanindra Pathak, Dr.S B Agnihotri, Mr.Anil Kumar Jha, Mr.B Dayal, Mr.B L Gajipara, Mr.R K Sinha, Mr.R P Srivastava, Mr.S N Prasad, Mr.Sanjiv Son, Mr.V K Thakral, Mr.Vinod Jain, Ms.Loretta Mary Vas, Ms.Reena Sinha Puri. Company has Ray & Ray as its auditoRs As on 30-09-2019, the company has a total of 6,162,728,327 shares outstanding.
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