Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Coal India is very attractive. It has gone through bear market, went to Rs 250 and now it is on the verge of beginning a new up trend or a new bull market for itself. For six or eight months view Coal India at current levels is a very attractive buying opportunity."
At 11:44 hrs Coal India was quoting at Rs 298.05, up Rs 4.05, or 1.38 percent. It has touched an intraday high of Rs 299.60 and an intraday low of Rs 291.55. The share touched its 52-week high Rs 386.00 and 52-week low Rs 238.35 on 17 September, 2012 and 30 August, 2013, respectively. Currently, it is trading 22.78 percent below its 52-week high and 25.05 percent above its 52-week low. Market capitalisation stands at Rs 188,259.24 crore. Also Read: Coal block auctions likely by Dec-Jan: Govt Disclosure: I do not have positions in any of the stocks I have discussed.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
