Coal India Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030

Have you been searching for Coal India Ltd’s share price target for 2022, 2023, 2024, 2025, and 2030? If yes then you are reading the finest article about it.

If you read the full article step by step and carefully then you will get all the targets for the future and all the analyses that help to predict it. I deeply research it before writing an article, I have read many web articles and official sites. Let’s start.

Coal India Ltd Share Analysis

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.

Coal India Ltd Quarterly Report Analysis

In the first quarter of the financial year, 2021 company made sales of net sales of around Rs.125.29 Cr. and they lost around Rs.49.82 Cr. In the second quarter of the same which is 2021 company made net sales of Rs.332.70 Cr. and earn Rs.1,813.13 Cr. from another source of income and totally they make a profit of around Rs.1,690.29 Cr. and in the third quarter of the financial year 2021, they make net sales of Rs.298.69 Cr. and earn Rs.5,644.83 Cr. because of other income Rs.5,589.51 Cr.

In the fourth quarter of 2021, they made net sales of Rs.375.24 Cr. and earn Rs.3,609.15 Cr. from other sources of income and totally they make a profit of around Rs.3,793.43 Cr. and in the first quarter of the year 2022, they make net sales of around Rs.320.50 Cr. and earn Rs.36.73 Cr.from other sources of income and make a total profit of about Rs.160.98 Cr.after paying all the taxes.

Coal India Ltd Annual Report Analysis

In the year 2016, Company made a net sales of Rs.203.34 Cr. and earn Rs.17,405.26 Cr. from another source of income, and in total, they make a profit of Rs.16,593 Cr. in the following year 2017, they make net sales of around Rs.398.09 Cr.  and earn Rs.15,278.24 Cr. from another source of income which I mentioned earlier and totally they make a net profit of Rs.14,499.09 Cr. and in the next year, they make net sales of Rs.1,025.86 Cr. and earn Rs.9,292.95 Cr. for other sources of their income and total net profit of that year are around Rs.9,293.42 Cr.

In the year 2019 company made net sales of around Rs.1,043.83 Cr. and earn around Rs.10,551.46 Cr. from other sources totally they make a net profit of Rs.10,469.67Cr. in the same year and in the last year which is 2020, the company made sales of about Rs.954.82 Cr. and earn Rs.11,566.33 Cr. from other sources of income and they make a total profit of around Rs.11,280.88 Cr. 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.

In the finentical year, 2021 company made the sales of Rs.748.78 Cr., income from other sources is Rs.7,679.18 Cr., and the profit is Rs.7,640.10 Cr. then in the next year 2022 the company made sales of Rs.1,335.44 Cr., income from other sources is Rs.10,939.56 Cr., and the profit is Rs.11,201.57 Cr.

Coal India Share Price Target/Prediction/Forecast

Here, we try to predict some possible targets that Coal India Shares can attain in the upcoming years to come. We predict these targets using different tools like Fibonacci retracement, fundamental analysis, Resistance, and support.

YearTarget Of Coal India Ltd
2022(Target-1)Rs.247
(Target-1)Rs.310
2023(Target-1)Rs.425
(Target-1)Rs.555
2024(Target-1)Rs.705
(Target-1)Rs.830
2025(Target-1)Rs.1010
(Target-2)Rs.1150
2030(Target-1)Rs.3180
(Target-2)Rs.3680

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 breakout does not happen for the share it will go up to Rs.247 and if a breakout happens it will up to Rs.310 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 breakout does not happen it will go down to Rs.425, and if a breakout of shares happens for two consecutive years the shares of this company will go up to Rs.555.

Coal India Share Price Target  For 2024

Here, we again predict two possible targets which depend on the situation of the company if the breakout does not happen for 3 consecutive years it will go up to Rs.705. and if a breakout happens for 3 consecutive years share prices of Coal India will go down to Rs.830.

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 shares 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.1,010 and the second possible target which they can cross is around Rs.1,150.

Coal India Share Price Target  For Coal India 2030 

By the end of this decade, Coal India will emerge as One of the finest Companies in that sector of the world. So, we predict the first target is around Rs.3,180 and the second possible target which they can cross is about Rs.3,680 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.

Conclusion

In this article, We have done a detailed analysis of COAL INDIA LTD. We 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 are really important to become the highest revenue-generating company.

  • The largest producer of coal in the whole world.
  • Backing of central government
  • Well-recognized brand name 
  • A good relationship with their major investors.

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