Coal India - Best time to Invest

18 Mar 2020

Dear All,

I had done some reseach on Coal India, which is a Government run company, due to virus attack this company price reached its bottom might execpeted to fall in near term(130 to 110 RS). But now it is already in a attractive price (140 to 150RS). Coal India ltd is the largest coal mining company in India and the demand for coal is increasing. Also this is a goverment run company they can manage this citrical situation much well than other companies. But the investors needed to wait atleast few months for booking their gains. And my target is 230 in long term (Few months or after virus problem settle down).

Note: This is only my view on Coal India Ltd. Kindly do your own research before invest or entry any position.

Thanks & Regards,
Ganesh,
Market GM.