The average price target on Coal India of all analysts compiled by Bloomberg following the second quarter results is at ₹338.22, almost 3% lower than its closing price of ₹349.35 on Monday. Brokerage Jefferies said that the company’s earnings outlook has improved due to better volume growth and lower-than-expected cost trajectory. It upgraded the EPS estimates to 18-42% for FY24-26.
Fabtech Technologies Cleanrooms IPO opens on Friday. Check price band, GMP, other details
Fabtech Technologies Cleanrooms will launch its IPO on January 3, aiming to raise Rs 27.74 crore. The issue comprises a fresh issue of equity shares.