Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, "I think at these levels one can hold on Coal India, especially looking at a possible increase in prices. But then to add fresh I would still wait because like overall view of the market is slightly negative. So from that point of view, I think one should get this stock at slightly lower levels."
The share touched its 52-week high Rs 386 and 52-week low Rs 250.65 on 17 September, 2012 and 02 August, 2013, respectively. Currently, it is trading 31.84 percent below its 52-week high and 4.97 percent above its 52-week low. Market capitalisation stands at Rs 166,183.55 crore. Also Read: CIL's Mozambique mines exploration may be completed in 2014Discover 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!
