Coal India shares rise over 3% after Q4 results: What Jefferies, Morgan Stanley, HSBC and others are saying
By TodayTelugu Desk1 min read1 views
Coal India's shares surged following a stable March quarter performance, with a 12% rise in consolidated profit after tax to Rs 10,908 crore. Revenue also climbed 6% to Rs 46,490 crore, driven by better realisations. Analysts remain divided, with Jefferies and Motilal Oswal maintaining Buy ratings, while Morgan Stanley and HSBC suggest holding the stock.
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