business / news / / NDTV Profit
Motilal Oswal reiterates Buy rating with a target price of Rs 535, valuing the stock at 5.5x FY28E EV/E.
Coal India's earnings in FY26 are pressured by stagnant volume growth and muted power demand.
KEY POINTS
- A surge in global coal prices is expected to boost Coal India's e-auction prices and demand.
- Motilal Oswal projects Coal India's revenue and Ebitda to grow at a 5% CAGR from FY25-28E.
- Coal India may raise debt for strategic diversification into renewable energy and coal gasification projects.
COMPANIES
Summarized by Newsio from NDTV Profit. How we summarize →