Coal India is the largest coal producer in the world. The company has been making headlines with the recent announcement of a new levy on coal dispatches. This is to boost revenue and has already shown a positive impact on its share prices. What is the share price now, and what will be the target price? Let’s find out in today’s article.
Coal India Share Price in Today’s Market
Currently, Coal India Shares are trading at Rs 372.90 which is 2.5% up from the opening price. Today it opened at Rs 366.80 which is already higher than the previous day’s close of Rs 363.85. As of February 2025 company shares have grown by 3.2% after the announcement of subsidiary Northern Coalfields Limited, to impose an additional charge of Rs 300 per tonne starting from 1st May 2025.
Company Financials
Coal India’s financial performance is substantial with a significant market presence. The company’s consolidated net sales have seen some fluctuations. But the new levy is expected to generate an additional Rs 3,877.50 crore in revenue, which will enhance its financial condition.
Recent news about Coal India
NCL’s decision to impose the ‘Singrauli Punarashapan Charge’ is part of efforts to support mining rehabilitation and resettlement projects in coal-bearing regions. This is a strategic move to bolster revenue and support current projects. According to analysts the levy will surely increase Coal India’s profitability and provide a positive outlook for it’s investors.
Coal India Share Target Price
As Coal India has mixed reviews, Some suggest stock price could go up to Rs 435 to Rs 538 in 2025. Some also suggest it can go up to Rs 548 and Rs 677 on the higher side at the end of 2025. According to Consensus Analysts target price for Coal India Shares is Rs 482.36.
Recommendation on Buy or Sell
Coal India has mixed views regarding investment. Some suggest holding stocks, some remain neutral. According to moneycontrol, 62% of the 26 analysts recommends buying Coal India shares, only 4% suggest selling and 15% suggest holding. Consensus also suggests ‘Buy’ for Coal India.
