Coal India shares rise 3% after Morgan Stanley upgrade
pre-market1 source ↓written by the desknot a recommendation
- to an intraday
- 3%
- intraday high
- ₹426.75
- after Morgan Stanley
- 22 September
- target price
- ₹480
- shares
- 6%
Coal India shares increased 3% to an intraday high of ₹426.75 on 22 September after Morgan Stanley upgraded the stock to 'overweight' and raised the target price to ₹480. The firm anticipates higher thermal power demand and improved e-auction premiums to drive volume growth. Year-to-date, Coal India shares are up 6%.
Not investment advice. For informational purposes only.