“BUY” This Large Cap Maharatna Stock With A Target Price of Rs. 210: Edelweiss Securities
Edelweiss Securities Limited, a renowned Indian brokerage firm, has placed a buy call on Coal India Limited's shares with a target price of Rs. 210. According to the brokerage, the stock may reach its target price within a year from its current market price of Rs. 156. The state-owned coal mining company Coal India Limited (CIL) is the world's largest coal manufacturer. Coal India Ltd is a Maharatna company and has seven manufacturing joint ventures which are Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL), and Mahanadi Coalfields Limited (MCL) and Central Mine Planning & Design Institute (CMPDI).
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