BSE Code: | NSE Code: | ISIN: | Sector:

NSE
284.00
Change Change %
0.95 0.34%

Updated:19 Jan, 2018, 15:53 PM IST

BSE
284.45
Change Change %
1.35 0.48%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
02-08-2017 Buy 252.60 320.00
N/A
Open Long (1Y)
02-08-2018

Nomura maintains neutral on Coal India

At 36.6mt, Coal India's (CIL's) July 2017 production was flat y-y; this follows a 5% y-y decline seen in production during Apr-Jun 2017 (1QFY18). At 44.3mt, offtake in July 2017 was up 7% y-y (vs. 3% y-y growth in 1QFY18). Relative to CIL's targets, July production/offtake miss was 2.7%/1.4% (lowest in FY18).

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