Research Reports'Buy' Coal India For An Upside Of 29%, Says Motilal Oswal On Attractive Valuations
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'Buy' Coal India For An Upside Of 29%, Says Motilal Oswal On Attractive Valuations
The recent stock correction offers an attractive valuation, with the stock trading at 3.3x on FY27E enterprise value/Ebitda, below its 10-year historical average of 3.6x EV/Ebitda, says Motilal Oswal
Coal India reported production of 202 million tonne in Q3 FY25, reflecting 2% YoY growth. (Image for representation. Photo Source: Coal India/ Website)
Coal India accounts for ~77% of the total coal production in India, making it a dominant player in the coal mining space, the company clocked the highest production/sales of 773.6/753.5 million tonne in FY24, respectively.