Coal India Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi! Hope everyone is fine there and achieve some highs in their respective field. In this article, we provide you deep insights into the world's biggest coal-producing company that is Coal India. We give hidden knowledge of this company present situation which help you to know whether an investment in this company share is a thing of profit or loss.
Here, we tell you about the company's past performances in last year through quarterly reports and will predict possible share price targets for Coal India which they can achieve in upcoming years to come.
Coal India Share Price Target 2022, 2023, 2024, 2025, And 2030
Coal India Ltd. Deals in the sector of coal mining and refining sector. This company is owned by the Government of India. Its headquartered in West Bengal, India. The present CEO of Coal India is Pramod Aggarwal.
Technical Analysis Of Coal India
As the data are given below, we have drawn this analysis chart which is based on Elliott wave channel pattern, Fibonacci Retracement, support, and resistance, etc.
As we see in a chart in the stock of Coal India has fallen in the recent past time but its long term trend is a positive direction and in an uptrend which is a good sign for the share of Coal India. There is one important reason behind the falling of stock price in recent past time because of the temporary closures of their mines in their subsidiary small companies.
Coal India Share Price Target For Upcoming Years 2022, 2023, 2024, 2025, And 2030
Here, we try to predict some possible targets which Coal India Shares can attain in the upcoming years to come. We predict these targets using different tools like Fibonacci retracement, Resistance, and support.
| Year | Target Of Coal India |
|---|---|
| 2022(Upside) | Rs.166 |
| (Downside) | Rs.121 |
| 2023(Upside) | Rs.192 |
| (Downside) | Rs.100 |
| 2024(Upside) | Rs.215 |
| (Downside) | Rs.87 |
| 2025(Target-1) | Rs.239 |
| (Target-2) | Rs.274 |
| 2030(Target-1) | Rs.317 |
| (Target-2) | Rs.445 |
Coal India Share Price Target For 2022
When we analyze the target chart we can see both the possibilities for the year 2022 as we see in a chart if a breakdown does not happen for the share it will go up to Rs.166 and if a breakdown happens it will down to Rs.121 one of the possible reason behind this breakdown is the temporary closure of their some mines in the northeastern region.
Coal India Share Price Target For 2023
We can predict two possible targets which they can attain according to their situation at that time so, if a breakdown happens it will go down to Rs.100 and if a breakdown of share not happening for two consecutive years the shares of this company will go up to Rs.192.
Coal India Share Price Target For 2024
Here, we again predict two possible targets which depend on the situation of the company if breakdown not happening for 3 consecutive years it will go up to Rs.215. and if a breakdown happening for 3 consecutive years share prices of Coal India will go down to Rs.87.
Coal India Share Price Target For 2025
As we all know Coal India is owned by Govt. of India so we have to be hopeful that the breakdown of share will not happen till the year 2025 as Govt. of India will take some important steps which help coal India to emerge as a gold mine for the country. So, here we predict the first possible target which they can attain is around Rs.239 and the second possible target which they can cross is around Rs.274.
Coal India Share Price Target For Coal India 2030
Till the end of this decade, Coal India will emerge as One of the finest Companies in that sector in the world. So, we predict the first target is around Rs.317 and the second possible target which they can cross is about Rs.445 and as we see through the share price we can say this will be the lifetime high of Coal India at the end of this decade.
Quarterly Report Analysis For Coal India
As the data are given at ticker.finology.in we tell you about company last year performance that how they perform in every quarter of last year if you any mismatch of data in from the official site of Coal India Ltd. we were not responsible for it.
In the first quarter of the financial year, 2020 company made sales of net sales of around Rs.329cr and they earn around Rs.10,756.11cr. through another source of income which is happening by interest from a number of banks, mutual fund investment etc. and company made a total profit in this quarter of about Rs.10,631.65cr. in the second quarter of the same which is 2020 company made net sales of Rs.160.84cr. and earn Rs.11.89cr. from another source of income and totally they make a profit of around Rs.11.89cr. and in the third quarter of the financial year 2020, they make net sales of Rs.121.69cr. and earn Rs.10.38cr. and made a total profit in that quarter of around Rs.20.23cr.
In the fourth quarter of 2020, they made net sales of Rs.153.50cr and earn Rs.5,177.16cr. from other sources of income and totally they make a profit of around Rs.5,020.84cr and in the first quarter of the year 2021, they make net sales of around Rs.204.22cr. and earn Rs.2,474.55cr.from other sources of income and make a total profit of about Rs.2,587.14cr.after paying all the taxes.
Annual Report Analysis For Coal India
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you any mismatch of data in from the official site of Coal India we were not responsible for it.
As we see in a table in the year 2016, Company made a net sales of Rs.203.34cr. and earn Rs.17,405.26cr. from another source of income and totally they make a profit of Rs.16,593cr. in the following year 2017, they make net sales of around Rs.398.09cr. and earn Rs.15,278.24cr. from another source of income which I mentioned earlier and totally they make a net profit of Rs.14,499.09cr. and in the next year, they make net sales of Rs.1,025.86cr. and earn Rs.9,292.95cr. fro other sources of their income and total net profit of that year are around Rs.9,293.42cr.
In the year 2019 company made net sales of around Rs.1,043.83cr. and earn around Rs.10,551.46 from other sources and totally they make a net profit of Rs.10,469.67cr. in the same year and in last year which is 2020, company made sales of about Rs.954.82cr. and earn Rs.11,566.33cr. from other sources of income and they make a total profit of around Rs.11,280.88cr. as we saw in the annual report of the company they made a stable profit every year and through which we can predict their present scenario.
Conclusion
In this article, We have done a detailed analysis of COAL INDIA. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this article, I am going to tell you some strengths of Coal India which is really important to become of the highest revenue-generating company.
1. Largest producer of coal in the whole world.
2. Backing of central government
3. Well recognized brand name
4. Good relationship with their major investors.
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