Buy Coal India for long term: Rajesh Agarwal

Buy Coal India for long term, says Rajesh Agarwal of Eastern Financiers.

Agarwal told CNBC-Awaaz, "Investors should buy Coal India with a long term view. The stock is looking good with low valuation. We can see some pressure in short term, but it can give attractive return in long term."
The company touched its 52-week high Rs 406.10 and 52-week low Rs 293.75 on 04 Aug, 2011 and 22 Dec, 2011, respectively. Currently, it is trading -14.06% below its 52-week high and 18.81% above its 52-week low.