Buy Coal India, target price Rs 161: Yes Securities

Yes Securities has buy call on Coal India NSE 2.78 % with a target price of Rs 161. The current market price of Coal India Ltd. is Rs 153.1. Time period given by analyst is Intra Day when Coal India Ltd. price can reach defined target.

Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 94351.37 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.

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