Hold Coal India: Avinash Gorakshakar

Avinash Gorakshakar, Market Expert told CNBC-TV18, "At least in the short-term it doesn’t seem that Coal India has got any big triggers except for the dividend payment and now the dividend has also been declared. So, I think apart from the dividend there are not major any earning triggers.""In the short-term I don’t think any major triggers are there, but if one can hold on for the next 18-24 months, one should hold on. I think this is one stock which obviously should gather pace hopefully when the economy actually picks up because this has been a very slow moving stock and I think most of the funds have actually exited and probably not much fund buying is also seen in the stock," he added.