Motilal Oswal proposes buying Coal India with a target price of Rs 220
COAL & MINING

Motilal Oswal proposes buying Coal India with a target price of Rs 220

Coal India got a buy call from Motilal Oswal with a target price of Rs 220. Coal India. is currently trading at Rs 166.7. The analyst estimates that Coal India's pricing will reach its target in one year.

Coal India, founded in 1973, is a Large Cap business in the Mining Industry with a market capitalisation of Rs 103718.72 crore.

For the fiscal year ending March 31, 2021, Coal India's primary products/revenue segments are Other Operating Revenue and Coal.

The company reported a Consolidated Total Income of Rs 29,086.35 crore for the quarter ended December 31, 2021, up 20.83 per cent from the previous quarter's Total Income of Rs 24,072.83 crore and up 19.53 per cent from the same quarter last year's Total Income of Rs 24,334.62 crore. In the most recent quarter, the company generated a net profit after tax of Rs 4,559.74 crore.


Coal India got a buy call from Motilal Oswal with a target price of Rs 220. Coal India. is currently trading at Rs 166.7. The analyst estimates that Coal India's pricing will reach its target in one year.Coal India, founded in 1973, is a Large Cap business in the Mining Industry with a market capitalisation of Rs 103718.72 crore.For the fiscal year ending March 31, 2021, Coal India's primary products/revenue segments are Other Operating Revenue and Coal.The company reported a Consolidated Total Income of Rs 29,086.35 crore for the quarter ended December 31, 2021, up 20.83 per cent from the previous quarter's Total Income of Rs 24,072.83 crore and up 19.53 per cent from the same quarter last year's Total Income of Rs 24,334.62 crore. In the most recent quarter, the company generated a net profit after tax of Rs 4,559.74 crore.

Next Story
Infrastructure Transport

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Next Story
Infrastructure Transport

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Next Story
Infrastructure Transport

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement