“Coal India is trading at a reasonable 6.4x FY25E PE. Its PE contracted from an average 13x over 2011-18 to 6.5x over 2019-23, partly due to ESG concerns on coal, which might get alleviated amid rising power demand in India,” said Jefferies.
Dollar weakness is here to stay; get into a bucket of metal stocks: Sanjiv Bhasin
“There is nothing called sitting on cash because this is a bull market. You will have enough opportunities maybe coming your way but you have