Tag: Morgan Stanley on Coal India

Coal India shares to see a 32% upside on strong power demand, valuations: Morgan Stanley – CNBC TV18

[ad_1] Brokerage firm Morgan Stanley has initiated coverage on state-run Coal India Ltd. with an “overweight” rating and a price target of ₹525. The price target implies a potential upside of 32% from Tuesday’s closing levels. Morgan Stanley wrote in its note that a strong power demand outlook for India will support Coal India’s volumes […]

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