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Buy Coal India, price target Rs 195: Manas Jaiswal

The analyst suggested a stoploss at Rs 179 .

ETMarkets.com|
Last Updated: Feb 10, 2020, 08.43 AM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on Coal India Ltd. with a target price of Rs 195.0 . The current price of Coal India Ltd. is Rs 184.9 Time period given by the analyst is Intra Day when Coal India Ltd. price can reach defined target. . Manas Jaiswal recommended to keep a stoploss at Rs 179 .

Coal India Ltd., incorporated in 1973, has a market cap of Rs 113948.85 crore.
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 30-09-2019, the company has reported a Consolidated sales of Rs 20382.63 Crore, down -12.23 % from last quarter Sales of Rs 23223.00 Crore and down -.08 % from last year same quarter Sales of Rs 20398.65 Crore Company has reported net profit after tax of Rs 3524.25 Crore in latest quarter.

The company’s top management includes Mr.B Dayal, Mr.B L Gajipara, Mr.Pramod Agrawal, Mr.R P Srivastava, Mr.Sanjiv Son, Mr.Satyendra Nath Tiwari, Mr.V K Thakral, Mr.Vinod Kumar Tiwari, Ms.Reena Sinha Puri. Company has Ray & Ray as its auditors As on 31-12-2019, the company has a total of 6,162,728,327 shares outstanding.

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