Coal India upgraded to buy amid strong fundamentals
pre-market1 source ↓written by the desknot a recommendation
- to ₹397
- 40.22% drop in PBT
Coal India has been upgraded to a buy rating due to its strong fundamentals despite recent challenges. The company shows an impressive ROE of 39.06% and a debt-to-equity ratio of zero, indicating solid capital management. However, Q2 FY25-26 results revealed a 40.22% drop in PBT to ₹397,412 cr, raising concerns about operational resilience.
Not investment advice. For informational purposes only.