Thursday, December 8, 2011

Coal India Projections



Indiainfoline has given a brief detail of Coal India in reference to it recent decisions. While discussing the 12 Five year Plan target, I am not clear about the contents. However, rest of the figures are worth watching on day to day basis.

It is a share, which should have crossed 400 now. But the production related issues and the present market trends have brought it down to 300. This was the price when many expert had started recommending this share. It was issued for 240 more than 12 months back. With its present pulls of strikes, employees issues and Environment Ministry pulls, there is a need to revise the idea of keeping more money in this counter.