The brokerage has raised its price target on the stock to Rs 290 from Rs 275, while maintaining a buy rating, citing strong coal demand in 2022 and 2023. Coal India, which has a dividend yield of 7.2%, is its top stock pick in the metals and mining sector.
Zydus Lifesciences shares fall 2% as firm acquires US-based Assertio Holdings for $166 million
Zydus Lifesciences’ shares dipped 2% after completing the $166.4 million acquisition of US-based Assertio Holdings Inc. The deal, finalized through a subsidiary, makes Assertio a