Tuesday, 28 July 2026 · World
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EUROS The World Financial Report
Nº 17 Tuesday, 28 July 2026 · World Edition
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Coal India shares fall 2% after Q1 results. What are Jefferies, other brokerages saying?

Markets-Economic Times · 1h ago · 🇮🇳 India
Coal India shares fall 2% after Q1 results. What are Jefferies, other brokerages saying?

Coal India shares fell after the state-run miner reported a marginal 1% year-on-year rise in Q1 FY27 consolidated net profit to Rs 8,852 crore, while profit declined over 18% sequentially. Despite the muted earnings, Jefferies maintained a Buy rating with a target price of Rs 500, citing expected recovery in power demand, improving earnings growth, and attractive valuations.

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