The company is below its historical valuation due to a 33 percent correction in the past year.
Coal India reported a 22.2 percent increase in consolidated profit at Rs 4,629.87 crore for the quarter ended June 30.
The company is below its historical valuation due to a 33 percent correction in the past year.Sakshi Batra does a 3-Point Analysis to find out if Coal India could be a good pick.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.