Coal India shares fall 3% after Q2 results; Jefferies, Motilal Oswal, others cut target price
60-Word AI Digest
Coal India shares fell 3% despite a 57% year-on-year rise in Q2 FY27 net profit to Rs 6,547 crore. Jefferies and JM Financial cut their target prices to Rs 460 and Rs 438, respectively, while Motilal Oswal retained its Buy rating with a Rs 450 target, citing a potential volume recovery.
Key Takeaways
- Coal India shares fell 3% despite a 57% year-on-year rise in Q2 FY27 net profit to Rs 6,547 crore.
- Jefferies and JM Financial cut their target prices to Rs 460 and Rs 438, respectively, while Motilal Oswal retained its Buy rating with a Rs 450 target, citing a potential volume recovery.
- Full details and original dispatch available below.
Coal India shares fell 3% despite a 57% year-on-year rise in Q2 FY27 net profit to Rs 6,547 crore. Jefferies and JM Financial cut their target prices to Rs 460 and Rs 438, respectively, while Motilal Oswal retained its Buy rating with a Rs 450 target, citing a potential volume recovery.
Original Publisher Attribution
This summary was curated from Economic Times.