Short term Target: Rs. 415, 6 month Target – Rs. 435; STOP LOSS – Rs. 340; Market Cap: Rs. 2,50,949.15 cr; 52 Week High/Low: Rs. 422.35 / Rs. 289.00.
|IMPACTED COMPANY||IMPACT ON EPS (%)|
|SALES (Rs. Crs)||50,233.60||60,578.60||65,494.70|
|NET PROFIT (Rs. Crs)||10,867.40||13,905.95||16,742.73|
MAJOR EVENTS OF COAL INDIA
|DATE||KEY EVENTS||MKT.CAP (Rs. Cr)||PRICE (Rs.)|
|4thNOV 2010||Listed on NSE/BSE||2,16,240.58||342.55|
|15thMAR 2011||Positioned no.3 in market cap||2,13,335.06||338.45|
|23rdMAY 2011||Positioned no.2 in market cap||2,31,020.87||365.40|
|8thJULY 2011||Fell down to 4th positon in market cap||2,28,652.23||362.65|
|12thJULY 2011||Regained 3rd position in market cap||2,30,673.47||365.30|
|27thJULY 2011||Regained 2nd position in market cap||2,52,117.51||398.95|
|8thAUG 2011||Will be included in SENSEX||------||-----|
I would buy COAL INDIA LTD with a price target of Rs. 415 for the short term and Rs. 435 for the 6 month target. As I always say, I am a long term believer in markets & I do respect the markets and will keep a strict stop loss of 8 % or Rs. 340.00 on your purchase.