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.
Australian farmers likely to grow more chana for Indian consumers
“The Australian farmers will sow chana till the end of May. India’s decision of removing import duty will encourage them to sow more chana for