| Year | Share Price Target (₹) |
|---|---|
| 2023 | 300 |
| 2024 | 400 |
| 2025 | 500 |
| 2026 | 600 |
| 2030 | 1000 |
Coal India Share Price Target 2023
The share price of Coal India is expected to reach ₹300 in 2023, according to analysts. This is based on the company’s strong financial performance and its dominant position in the Indian coal market. Coal India is the world’s largest coal producer, and it accounts for about 80% of India’s coal production. The company has been consistently profitable in recent years, and it has a healthy balance sheet.
Coal India Share Price Target 2024
The share price of Coal India is expected to reach ₹400 in 2024, according to analysts. This is based on the company’s continued strong financial performance and its plans to expand its production capacity. Coal India is planning to invest ₹1 trillion in the next five years to increase its production capacity by 50%. The company is also planning to diversify into other businesses, such as power generation and coal mining equipment manufacturing.
Coal India Share Price Target 2025
The share price of Coal India is expected to reach ₹500 in 2025, according to analysts. This is based on the company’s continued strong financial performance and its plans to become a global leader in the coal industry. Coal India is planning to increase its exports of coal and to expand its operations in overseas markets. The company is also planning to invest in research and development to develop new technologies for coal mining and coal-fired power generation.
Coal India Share Price Target 2026
The share price of Coal India is expected to reach ₹600 in 2026, according to analysts. This is based on the company’s continued strong financial performance and its plans to become a major player in the renewable energy sector. Coal India is planning to invest ₹500 billion in the next five years to develop renewable energy projects, such as solar and wind power plants. The company is also planning to set up a joint venture with a foreign company to develop a green hydrogen plant.
Coal India Share Price Target 2030
The share price of Coal India is expected to reach ₹1,000 in 2030, according to analysts. This is based on the company’s continued strong financial performance and its plans to become a major player in the global energy market. Coal India is planning to increase its production capacity by 100% by 2030. The company is also planning to expand its operations into new markets, such as Africa and Southeast Asia.