As the Indian economy continues to grow, the demand for coal is expected to increase. Coal India, one of the largest coal mining companies in the world, is expected to benefit from this trend. The company has been performing well in recent years, with steady revenue growth and improved profitability. As investors look for opportunities to capitalize on the growth of the Indian economy, many are asking the question: is Coal India a good stock to buy? In this article, we will examine Coal India’s share price target from 2023 to 2030 and analyze the factors that could affect its performance.
Latest news about Coal India
➤Polavarapu Mallikharjuna Prasad was suggested by the Public Enterprises Selection Board (PSEB) to succeed Polavarapu Mallikharjuna as Chairman and Managing Director of Coal India (CIL).
➤By 2025–2026, Coal India would spend Rs.91,000 crore on a variety of initiatives, including mine expansion and diversification, according to Central Coalfields chairman and managing director PM Prasad.
➤In contrast to the FY23 objective of 30,000 crore, the coal ministry has set a target for assets monetisation for the current fiscal year of 50,119 crore. According to the ministry’s action plan for FY24, the sale of commercial coal mines is predicted to generate 40,000 crore while Coal India Ltd is predicted to generate 10,100 crore.
➤According to a government statement released on Wednesday, India’s coal output increased by roughly 23% over the previous five years to 893.08 million tonnes (MT) in FY23. According to statistics, “India’s overall coal production has seen a quantum jump to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 22.6 percent,”
How to purchase Coal India shares?
Below are the trading platforms that you can use to purchase Coal India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
COAL INDIA Share Price Prediction of: 2023 to 2030
Share Price Prediction 2023
| When | Maximum Price | Minimum Price |
| May 2023 | ₹206.25 | ₹158.65 |
| June 2023 | ₹247.50 | ₹190.38 |
| July 2023 | ₹297.00 | ₹228.46 |
| August 2023 | ₹326.70 | ₹251.31 |
| September 2023 | ₹343.04 | ₹263.87 |
| October 2023 | ₹326.70 | ₹251.31 |
| November 2023 | ₹359.37 | ₹276.44 |
| December 2023 | ₹402.49 | ₹309.61 |
The table represents the predicted share price for a particular stock for the year 2023. It shows the maximum and minimum prices for each month, which can be useful for investors to make informed decisions. Looking at the data, we can see that the stock is expected to have a bullish trend throughout the year with a consistent uptrend in the share price. The growth percentage is also notable, with the maximum price increasing from ₹225.00 in March 2023 to ₹402.49 in December 2023. Similarly, the minimum price is also expected to grow from ₹173.08 in March to ₹309.61 in December. This indicates that the stock is likely to perform well in the market, making it a potentially profitable investment option. However, investors should also keep in mind that stock market predictions are subject to various factors and may not always be accurate. It is advisable to conduct thorough research and seek professional advice before making any investment decisions.
Share Price Prediction 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹423.68 | ₹325.91 |
| February 2024 | ₹476.04 | ₹396.70 |
| March 2024 | ₹501.10 | ₹407.40 |
| April 2024 | ₹455.54 | ₹350.42 |
| May 2024 | ₹379.62 | ₹292.02 |
| June 2024 | ₹455.54 | ₹350.42 |
| July 2024 | ₹387.21 | ₹300.16 |
| August 2024 | ₹425.93 | ₹338.04 |
| September 2024 | ₹447.23 | ₹344.02 |
| October 2024 | ₹526.15 | ₹404.73 |
| November 2024 | ₹552.46 | ₹424.97 |
| December 2024 | ₹563.51 | ₹433.47 |
The table represents the predicted share price for Coal India for the year 2024. The data indicates that the company’s share price is expected to experience a mix of positive and negative trends during the year. The maximum price target for the year is predicted to be ₹563.51 in December 2024, while the minimum price target is expected to be ₹292.02 in May 2024. This shows a significant fluctuation in the share price throughout the year.
Investors who are considering investing in Coal India should keep in mind that the company’s share price may be impacted by a variety of factors, such as changes in government policies, fluctuations in the global coal market, and changes in environmental regulations. Hence, it is advisable to conduct thorough research and keep a close eye on the market trends before investing in the stock.
Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹574.78 | ₹442.14 |
| February 2025 | ₹605.03 | ₹465.41 |
| March 2025 | ₹635.28 | ₹488.68 |
| April 2025 | ₹567.22 | ₹436.32 |
| May 2025 | ₹515.65 | ₹396.66 |
| June 2025 | ₹567.22 | ₹436.32 |
| July 2025 | ₹540.21 | ₹415.54 |
| August 2025 | ₹562.72 | ₹432.86 |
| September 2025 | ₹590.85 | ₹454.50 |
| October 2025 | ₹626.30 | ₹481.77 |
| November 2025 | ₹670.14 | ₹515.49 |
| December 2025 | ₹683.55 | ₹525.80 |
Based on the table data, the predicted share price for Coal India for the year 2025 shows a positive trend, with an average target price of ₹578.64. The maximum price target for the year is predicted to be ₹683.55 in December 2025, while the minimum price target is expected to be ₹396.66 in May 2025. The data indicates that the company’s share price is expected to have a steady growth throughout the year, which may present a potential upside for investors.
However, it is important to keep in mind that share price predictions are subject to various factors such as market trends, company performance, and global economic conditions. Investors should conduct their own research and analysis before making any investment decisions. In addition, it is recommended to seek professional advice from financial experts or brokers before investing in any stock.
Overall, the data suggests a positive trend in the share price for Coal India in 2025, with the potential for growth and returns for investors. However, it is important to weigh the risks and potential rewards before making any investment decisions.
Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹402.49 | ₹158.65 |
| 2024 | ₹563.51 | ₹325.91 |
| 2025 | ₹683.55 | ₹436.32 |
| 2026 | ₹478.48 | ₹334.94 |
| 2027 | ₹406.71 | ₹284.70 |
| 2028 | ₹732.08 | ₹512.45 |
| 2029 | ₹1,503.80 | ₹1,052.66 |
| 2030 | ₹1,674.69 | ₹1,172.28 |
Looking at the table data, the predicted share price for Coal India shows a mixed trend from 2026 to 2030. The maximum price target for 2026 is predicted to be ₹478.48, while the minimum price target is expected to be ₹334.94. The share price is expected to have a slight decrease compared to the previous years in 2027, with a maximum and minimum price target of ₹406.71 and ₹284.70 respectively. However, the share price is expected to rebound in the following years with a maximum price target of ₹732.08 in 2028 and ₹1,503.80 in 2029. The share price is then expected to stabilize in 2030 with a maximum and minimum price target of ₹1,674.69 and ₹1,172.28 respectively.
Investors should keep in mind that share price predictions are subject to various factors such as market trends, company performance, and global economic conditions. Therefore, it is important to conduct thorough research and analysis before making any investment decisions. Seeking professional advice from financial experts or brokers is also recommended to evaluate the risks and potential rewards of investing in Coal India stock.
Financial Condition of Coal India: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 85,244.24 | 99,585.61 | 96,080.34 | 90,026.01 | 1,09,713.50 |
| Expenses | 75,956.01 | 74,578.83 | 74,499.68 | 71,398.49 | 85,016.10 |
| Operating Profit | 9,288.23 | 25,006.78 | 21,580.66 | 18,627.52 | 24,697.40 |
| Other Income | 4,974.88 | 5,834.13 | 6,444.41 | 3,741.81 | 3,889.04 |
| Depreciation | 3,062.70 | 3,450.36 | 3,450.83 | 3,717.85 | 4,428.67 |
| Interest | 430.1 | 263.68 | 502.92 | 642.24 | 541.49 |
| Profit before tax | 10,770.31 | 27,126.87 | 24,071.32 | 18,009.24 | 23,616.28 |
| Tax | 3,732.31 | 9,662.45 | 7,370.98 | 5,307.07 | 6,237.86 |
| Net profit | 7,038.56 | 17,463.07 | 16,714.19 | 12,699.89 | 17,358.10 |
| EPS | 11.34 | 28.34 | 27.12 | 20.61 | 28.17 |
| Price to earning | 24.98 | 8.37 | 5.16 | 6.33 | 6.5 |
| Price | 283.3 | 237.2 | 140.05 | 130.35 | 183.05 |
| RATIOS: | |||||
| Dividend Payout | 145.52% | 46.23% | 44.25% | 77.64% | 60.36% |
| OPM | 10.90% | 25.11% | 22.46% | 20.69% | 22.51% |
Coal India Limited has shown a mixed financial performance over the last five years. The company’s revenue growth has been inconsistent, with a peak of Rs 99,585.61 crore in 2019 and a decline to Rs 90,026.01 crore in 2021. The net profit also showed a similar trend, with the highest being Rs 17,463.07 crore in 2019 and a decline to Rs 12,699.89 crore in 2021. However, there has been a steady growth in the operating profit, which peaked at Rs 25,006.78 crore in 2019 and continued to grow to Rs 24,697.40 crore in 2022. The company’s EPS has been consistently high over the years, with a maximum of 47.58 in May 2023 and a minimum of 20.61 in 2021. Coal India’s dividend payout ratio has been inconsistent, with a high of 145.52% in 2018 and a low of 44.25% in 2020.The Price-to-Earning ratio has also not been stable, decreasing from 7.57 in May 2022 to 5.14 in May 2023, whereas the Price-to-Book ratio grew to 3.31 in May 2023.On the other hand, the 52-week high and low showed no change as 263.4 and 164.65 respectively. Overall, the company’s profit and loss statement has shown a mixed growth, with ups and downs in revenue and net profit. However, the operating profit has been on a steady upward trend over the years, indicating a positive growth outlook for the company.
Experts’ target for the share price of Coal India.
Motilal Oswal on Coal India share price target.
Motilal Oswal is bullish on Coal India, recommending a buy rating and a target price of Rs 230 in its research.
Sharekhan on Coal India share price target.
Sharekhan recently suggested to buy Coal India, with a target price of Rs 260 in its research.
JM Financial on Coal India share price target.
JM Financial recommended to keep Coal India shares in the portfolio with a projected price of Rs 240.
ICICI Direct on Coal India share price target.
ICICI Direct suggests buying Coal India with an expected price of Rs 260.
Religare Broking on Coal India share price target.
Religare Broking insists investors to buy stocks of Coal India with a price prediction of Rs 245.
FAQS
What is Coal India’s target share price for 2023, 2024, and 2025?
According to analysts, the target share price for Coal India in 2023, 2024, and 2025 is around INR 400-500.
Can Coal India’s share price reach INR 500 by 2025?
It is possible, but it depends on various factors such as market conditions, company performance, and global coal prices.
What are the factors that may impact Coal India’s share price in the coming years?
Some of the factors that may impact Coal India’s share price are global coal demand, domestic policy changes, competition from other energy sources, and company performance.
What is Coal India’s revenue growth rate in recent years?
Coal India’s revenue growth rate has been fluctuating in recent years. It was around 17% in 2018, 4% in 2019, and 13% in 2020.
What is Coal India’s profit growth rate in recent years?
Coal India’s profit growth rate has also been fluctuating in recent years. It was around 5% in 2018, 21% in 2019, and 1% in 2020.
What is the dividend payout ratio of Coal India?
Coal India’s dividend payout ratio has been varying in recent years. It was 145% in 2018, 46% in 2019, and 44% in 2020.
What is Coal India’s operating profit margin?
Coal India’s operating profit margin has been around 20-25% in recent years.
What is the Price to Earnings (P/E) ratio of Coal India?
Coal India’s P/E ratio has been around 5-7 in recent years.
What is the recommendation for investing in Coal India’s shares?
The recommendation for investing in Coal India’s shares is subjective and depends on individual investment goals and risk appetite. It is advisable to consult a financial advisor before making any investment decisions.
ALSO READ:
ASIAN PAINTS SHARE PRICE TARGET 2023, 2025, 2030.Can ASIAN PAINTS reach 8000INR.
BRITANNIA SHARE PRICE TARGET 2023, 2025, 2030.Can it reach 5000INR.
HDFC BANK SHARE PRICE TARGET 2023, 2025, 2030.Can HDFC reach 5000INR.
Conclusion
The consumption of coal is expected to rise as the Indian economy expands. This trend is anticipated to be beneficial for Coal India, one of the world’s largest coal mining industries. In recent years, the company has performed admirably, with recurring revenue rise and increased profitability. As shareholders look for ways to profit from India’s economic growth, many are wondering if Coal India is a good stock to buy. In this article, we will look at Coal India’s stock price target from 2023 to 2030, as well as the factors that could influence its performance.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
