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.
Sadhna Broadcast: Sebi bans actor Arshad Warsi, 58 others from markets for up to 5 yrs
Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares.