COALINDIA
CITI ON COAL INDIA : 15.06.2021
* MAINTAIN BUY TARGET: 160
* For Coal India, next wage revision due in July is key to watch out for, Citi says.
* e-Auction Prices Will Trade At Discount Unless Demand Rises Sharply
* Next Wage Revision Due In July Is Key To Watch Out For
* Co Trades Well Below Its Historical Mean But In-line With Regional Players
JPMORGAN ON COAL INDIA : 15.06.2021
* MAINTAIN OVERWEIGHT TARGET: 200
* e-auction price increase offsets higher costs for Coal India, JPMorgan
* e-Auction Price Increase Offsets Higher Costs
* Final Dividend Per Share At 80% Is Positive
* On 1-yr Basis, Co Is The Biggest Laggard Among Indian Commodity Stocks
* It's Amongst Cheapest Stocks Within Our Coverage Universe
