Home Share Price Target Coal India Share Price Target 2023, 2024, 2025 to 2030

Coal India Share Price Target 2023, 2024, 2025 to 2030

by PoonitRathore
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Coal India Limited (CIL) is a state-owned coal mining company headquartered in Kolkata, West Bengal, India. It is the largest coal producer company in the world and contributes around 82% of the coal production in India. The company was founded in 1975 and is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.

If you are interested in buying shares of Coal India Limited, you can do so through a brokerage account that allows you to buy and sell shares on the stock market. You should research the company and consider the risks and potential rewards of investing in its shares before making any investment decisions. It is always important to diversify your portfolio and not to invest more than you can afford to lose.

In this article, you will learn Coal India Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, and 2030.

Coal India Limited Company Overview:

Company Name Coal India Limited
Share Name COALINDIA
Founded 1975
Headquarters Kolkata, West Bengal, India
Owner Ministry of Coal, Government of India
Chairman & MD Pramod Agarwal
Production Coal
Revenue Over ₹113,600 Crore
Market Cap 1.39 Trillion INR
Primary Exchange NSE
Total Number of Employees 248,550
Website www.coalindia.in
Coal India Limited Company Overview

Coal India Share (COALINDIA) Live Chart:

Coal India Share Price Target 2022, 2023, 2024, 2025 to 2030

Year Minimum Price (INR) Maximum Price (INR)
2022 ₹143.90 ₹263.40
2023 ₹230 ₹258
2024 ₹260 ₹280
2025 ₹281 ₹305
2026 ₹307 ₹315
2027 ₹321 ₹325
2028 ₹326 ₹330
2029 ₹332 ₹380
2030 ₹381 ₹405
Coal India Share Price Target 2022, 2023, 2024, 2025 to 2030

Coal India Share Price Target 2022

Coal India Limited is a state-owned coal mining company in India. As of 31st December 2022, the share price of Coal India was around 225 INR per share.

Coal India Share Price Chart
Coal India Share Price Chart

The company’s shares are listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) of India. The company has a market capitalization of around 1.39 Trillion INR.

COALINDIA has seen more than 41% growth in the last 6 months. According to our analysis, Coal India share price target for 2022 will be 225.50 INR.

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Coal India Share Price Target 2023

CIL also operates a number of coal washeries and coal transportation infrastructure. The company’s primary customers are power plants and steel companies in India, although it also exports coal to other countries. In addition to coal mining, CIL is also involved in the exploration and production of oil and gas.

Based on the company’s successful business strategy, we predicted that Coal India share price target for 2023 will be 230 to 258.

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Coal India Share Price Target 2024

The company was formed in 1975 with the nationalization of the coal industry in India. It operates through 83 mining areas across eight states in India, with a workforce of around 2.5 Lakhs of employees.

Based on some technical experts, Coal India share price forecast for 2024 will be 260 to 280.

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Coal India Share Price Target 2025

Coal has always dominated the energy mix in India. Also, the economic condition of Coal India is very strong. There is a very good return on investment with this Coal India Ltd. So, we can expect that it’s price may increase in 2025 as well.

According to some technical analysts, Coal India share price is expected to be 281 to 305 by the end of 2025.

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Coal India Share Price Target 2026

Coal India Limited (CIL) is leading in the field of coal producing company. Unfortunately, the company’s sales haven’t grown significantly in recent months, which isn’t good. Renewable energy may be the real reason for this. In light of the fact that coal will be completely exhausted one day, the entire nation is now focusing on renewable energy. 

Keeping all the above factors in mind, we have estimated that the share price target of coal India will be 307 to 315 by the end of 2026.

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Coal India Share Price Target 2027

Coal India Limited might be good for dividends in the long run, but as far as growth is concerned, we cannot expect too much. It is possible that the Government of India will sell some stakes through an offer for sale at some point in the future. As far as the company is concerned, this will certainly not be a good thing in the future.

According to some analysis, we expects that the share price target of Coal Indial will be 321 INR 325 INR.

Coal India Share Price Target 2028

If we talk about the stock price of the company for the last five years, then there have been many ups and downs in the stock of the company.

Coal India Share Price Chart For Five Years
Coal India Share Price Chart For Five Years

The share price of the company was INR 278.75 on 5 January 2018, which declined by 19.26% to INR 225.05 on 31st December 2022. In these five years, the biggest decline in COALINDIA was seen on 16th October 2020 up to 60% (111.35 INR). Considering this, Coal India shares have shown very good growth by the end of 2022.

Keeping all these things in mind, we have estimated that Coal India share price target in 2028 will be between 326 INR to 330.

Coal India Share Price Target 2029

The company has several projects in development, including Mines Outsourcing, Coal Extraction, Gray Hydrogen, a coking coal strategy, and a coal trading platform. Investing in this stock from a long-term perspective is suitable for low risk investors. Financially, the company is doing well and generating good margins.

The expected price for COALINDIA is 332 INR to 380 INR by the end of 2029.

Coal India Share Price Target 2030

We all know that the consumption of coal is increasing rapidly and it is limited in this world. That’s why it will be very difficult to say what will be its condition in the next four or five years.

Coal India Share Price Target
Coal India Share Price Target

But, based on its past performance, we expects that the share price target of Coal India will be 381 to 405 by the end of 2030.

Conclusion:

Coal India Limited is India’s largest coal producing company. You have also learned in this article, Coal India has multiple projects. Since coal is limited and its consumption is increasing rapidly, so the whole country is working on renewable energy sources. In this way, we can say that investment in COALINDIA can be good for low risk traders or investors. I hope you enjoyed this little information from us regarding Coal India share price target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030. 

Is there anything you would like to add about Coal India Share Forecast? Leave a comment below to let us know.

Thanks for reading!

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