Morgan Stanley has upgraded Coal India to overweight and has raised target to Rs. 449 per share from Rs. 369 per share.
Coal India is trading on a gung-ho note on the Bombay Stock Exchange, on the back of positive news flow.
According to media reports, the leading investment firm Morgan Stanley (MS) has upgraded Coal India to overweight and has raised target to Rs. 449 per share from Rs. 369 per share.
So far, Coal India has surged to a high of Rs. 407, and is now up 4.4 percent to Rs. 405.
On the BSE 236,000 shares have changed hands at the counter, as against the two-week daily average volume of 259,000 shares.
Meanwhile, the BSE Sensex is down 63 points at 26,750
According to media reports, the leading investment firm Morgan Stanley (MS) has upgraded Coal India to overweight and has raised target to Rs. 449 per share from Rs. 369 per share.
So far, Coal India has surged to a high of Rs. 407, and is now up 4.4 percent to Rs. 405.
On the BSE 236,000 shares have changed hands at the counter, as against the two-week daily average volume of 259,000 shares.
Meanwhile, the BSE Sensex is down 63 points at 26,750
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