Shares of the government sector company Coal India are witnessing a decline since early trading today. Coal India had released the December quarter results a day earlier, i.e. on Monday, after the market closed. The company's profit and operating profit have seen a decline in the third quarter. Margins have also come under pressure of 150 basis points.

The second half of 2024 has been sluggish for the country's largest mining company. The stock has slipped nearly 30% from its peak. Coal India has also announced an interim dividend of ₹5.6 per share for shareholders. The record date for this interim dividend has been fixed as 31 January 2025.

What is the analyst's opinion on the stock Brokerage firm Emkay Global believes that after the recent decline, this stock has now become attractive in terms of valuation. However, due to no major trigger and challenging macroeconomic challenges, the stock has not seen much action. The brokerage firm has set a target of ₹525 per share with BUY on Coal India stock . There has been no change in the target price. Morgan Stanley has set a target price of ₹525 per share with an Overweight opinion on this stock . This brokerage firm says that EBITDA of ₹12,300 crore is more than ₹11,900 crore. After adjustment, EBITDA was ₹10,400 crore. EBITDA per tonne was ₹537 crore. Talking about profit, it was also ₹537 crore, 3% more than the estimate. Another domestic brokerage firm Motilal Oswal has set a target price of ₹480 per share on the stock with a Buy rating . This brokerage firm said that the company's performance has been as per estimates. The benefit of high e-auction premium will be available. On the other hand, Nuvama Institutional Equities has reduced the target price to ₹419 per share with a Hold rating on this stock . The brokerage firm said on this stock that there is no expectation of much decline in the stock. But, there will be a chance to re-enter the stock only after the improvement in volume growth. The company's results today are being affected by low e-auction prices, volume mix, sluggish volume growth and weak power demand along with increasing competition. The brokerage firm said that EBITDA estimates for the financial year 2025 and financial year 2026 are expected to grow by 3% and 5% respectively. Coal India is included in the coverage list of a total of 25 analysts. Out of this, 19 analysts have given Buy rating on the stock. At the same time, 4 have set Hold rating on the stock. Analysts expect an average rise of 28% in this stock.