OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactAfter close

Morgan Stanley upgrades Coal India target price by 14%

after close1 source ↓written by the desknot a recommendation

target price
₹480
₹420
increase
14.3%
current price
₹414
upside potential
16%

Morgan Stanley upgraded Coal India to ‘Overweight’ from ‘Equal Weight’ and raised its target price to ₹480 from ₹420, reflecting a 14.3% increase. The upgrade is driven by accelerating thermal power demand, lower coal inventories, and rising global thermal coal prices, which could enhance volumes and e-auction premiums. At the current price of ₹414, this suggests an upside potential of 16%.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 22 Sept 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

COALINDIA closed −0.8% on the day of the news, from ₹428.00 to ₹424.55; Nifty +0.5% over the same session; futures OI −1.2%.

Bulletin at 16:04 IST on 22 Sept 2026. Every change is measured from ₹428.00, the last close before it, on 22 Sept. Nifty 50 is measured over the same sessions.

  • COALINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
COALINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it395.30428.00460.70axis spans 17%before the news · 22 Sept428.00Nifty 50COALINDIAbulletinD0+1+3+516 Sept24 Sept1 OctFutures open interest, lotspeak 77,000Reference close ₹428.00. 12 sessions from 16 Sept to 1 Oct; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before22 Sept₹428.00basebase
On the day23 Sept₹424.55▼ −0.8%▲ +0.5%−1.3 pp difference
+1 session24 Sept₹422.00▼ −1.4%▼ −1.1%−0.3 pp difference
+3 sessions28 Sept₹422.50▼ −1.3%▼ −2.4%+1.1 pp difference
+5 sessions30 Sept₹425.00▼ −0.7%▼ −3.0%+2.3 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.26 on 23 Sept
Day's range, % · ₹
1.8%≈ 7.8 high to low
Volume on the day
0.71×the 20-session average
Futures OI on the day
▼ −1.2%−850 lots · long unwinding · price −0.8%
Futures OI open, lots
72,00023 Sept · 29 Sept expiry
Futures premium, ₹
−0.70−0.2% to spot
Puts per call, by OI
0.66from 0.75 the session before
Max pain
420from 420 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

Thread · COALINDIAAll COALINDIA bulletins →

Related