Today, we’re going on a journey to explore the estimated Coal India Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Coal India Share Price Target.
Coal India Limited is an Indian state-owned coal mining and refining company headquartered in Kolkata, West Bengal, India. It is the largest coal-producing company in the world and contributes around 82% of the coal production in India.
The company was founded in 1975 and operates through its subsidiaries in various locations across India. The company’s services include coal mining, production, and refining. Coal India Limited is the largest coal-producing company in the world and contributes around 82% of the coal production in India.
The company operates through its subsidiaries in various locations across India, including Jharkhand, West Bengal, Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Uttar Pradesh, and Assam. Coal India Limited’s services include coal mining, production, and refining. The company produces various types of coal, including coking coal, non-coking coal, and washed and beneficiated coal
Overview of Coal India
| Name | Coal India Limited |
| Symbol | COALINDIA |
| Industry | Mining |
| Founded | 1975 |
| CEO | Pramod Agrawal |
| Headquarters | Kolkata, West Bengal, India |
| Country | India |
| Locations | Across India |
| Website | coalindia.in |
| Wikipedia | Coal_India_Limited |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Coal India Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Keep an eye on Coal India’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Coal India’s share price.
Fundamentals of Coal India
The fundamental analysis of Coal India Limited focuses on key factors to better understand the company’s valuation.
Brokerage Firms
An effective method for evaluating the Coal India share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 09 AUG 2023 | ICICI Securities Limited | 285.00 | Buy |
| 09 AUG 2023 | Axis Direct | 265.00 | Buy |
| 08 AUG 2023 | Sharekhan | 270.00 | Buy |
| 31 MAY 2023 | Motilal Oswal | 290.00 | Buy |
| 31 MAY 2023 | ICICI Securities Limited | 280.00 | Accum. |
| 19 MAY 2023 | ICICI Securities Limited | 255.00 | Accum. |
| 19 MAY 2023 | Geojit BNP Paribas | 276.00 | Buy |
| 09 MAY 2023 | ICICI Direct | 275.00 | Buy |
| 08 MAY 2023 | Axis Direct | 275.00 | Buy |
| 08 MAY 2023 | ICICI Securities Limited | 255.00 | Accum. |
| 08 MAY 2023 | Sharekhan | 270.00 | Buy |
| 07 MAY 2023 | Motilal Oswal | 285.00 | Buy |
Analyst Recommendations
Coal India Buy or Sell
Daily Low / High
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Coal India price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
For the year 2023, I forecast a minimum target of ₹260 and a maximum target of ₹300 for Coal India’s share price. This is based on the company’s strong performance in Q1FY24, which is expected to continue throughout the year. Additionally, the government’s focus on increasing coal production and reducing imports is expected to benefit Coal India in the coming months.
Looking ahead to 2024, I forecast a minimum target of ₹300 and a maximum target of ₹350 for Coal India’s share price. This is based on the company’s plans to increase production and reduce costs, which are expected to improve its financial performance. Additionally, the government’s focus on infrastructure development and increasing demand for coal in the power sector is expected to benefit Coal India in the long run.
For the year 2025, I forecast a minimum target of ₹350 and a maximum target of ₹400 for Coal India’s share price. This is based on the company’s plans to diversify into other areas such as solar power and aluminum production, which are expected to provide new revenue streams. Additionally, the government’s focus on reducing carbon emissions and increasing renewable energy sources is expected to benefit Coal India in the long run.
For the year 2027, I forecast a minimum target of ₹450 and a maximum target of ₹500 for Coal India’s share price. This is based on the company’s plans to diversify into other areas such as renewable energy and aluminum production, which are expected to provide new revenue streams. Additionally, the government’s focus on reducing carbon emissions and increasing renewable energy sources is expected to benefit Coal India in the long run.
Looking ahead to 2030, I forecast a minimum target of ₹500 and a maximum target of ₹600 for Coal India’s share price. This is based on the company’s plans to diversify into renewable energy and other areas, which are expected to provide new revenue streams. Additionally, the government’s focus on reducing carbon emissions and increasing renewable energy sources is expected to benefit Coal India in the long run.
For the year 2050, I forecast a minimum target of ₹1000 and a maximum target of ₹1500 for Coal India’s share price. This is based on the company’s plans to diversify into renewable energy and other areas, which are expected to provide new revenue streams. Additionally, the government’s focus on reducing carbon emissions and increasing renewable energy sources is expected to benefit Coal India in the long run.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | ₹260 | ₹300 |
| 2024 | ₹300 | ₹350 |
| 2025 | ₹350 | ₹400 |
| 2026 | ₹400 | ₹450 |
| 2027 | ₹450 | ₹500 |
| 2030 | ₹500 | ₹600 |
| 2035 | ₹600 | ₹800 |
| 2040 | ₹800 | ₹1000 |
| 2050 | ₹1000 | ₹1500 |
– According to Google historical data, the price of Coal India on 5 Nov 2010 was ₹348.30.
– As of 20 August 2023, the current share price of Coal India is ₹227.05 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Coal India in 2023 could be ₹300.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Coal India Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Coal India stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
