Coal India shares gain 4% as August coal supplies rise 5.5% YoY: Buy, Sell or Hold?
Coal India shares rose on Wednesday after the state-run miner reported a 5.5% YoY rise in August coal supplies.
Strong April-August volumes, lower pithead inventories and improving e-auction premiums lifted sentiment.
Nuvama upgraded the stock to Hold and raised its target price to Rs 454, citing recovery potential.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
