E-auction premium to drive profitability! Coal India can rally 32%, says Motilal Oswal
Robust domestic demand, an enhanced vision of 1bt production, and improved e-auction premium will drive profitability, said domestic brokerage firm Motilal Oswal while maintaining a buy rating on Coal India. The target of Rs 275 suggests an upside potential of 32% from the current market price of Rs 209 per share.
