The latest long-term forecast predicts that Coal India Share Price will reach ₹680 by the end of 2024, and then rise to ₹800 by the middle of 2025. The stock price is expected to continue its upward trend, reaching ₹1200 in 2026, ₹1500 in 2027, ₹1800 in 2028, ₹2150 in 2029, ₹2400 in 2030, ₹4000 in 2035, ₹5500 in 2040 and ₹8500 in 2050. Based on this forecast, it is safe to say that Coal India Share price will experience steady growth in the coming years.
Coal India share price target for 2024, 2025, 2026, 2027, 2030, 2040, and 2050 are available here. TradingView charts and technical analysis are used to forecast or predict the price of Coal India shares. This price prediction was aided by expert advice and information from other sources.
| Year | Mid-Year | Year-End |
| 2024 | ₹474 | ₹680 |
| 2025 | ₹824 | ₹948 |
| 2026 | ₹1086 | ₹1267 |
| 2027 | ₹1396 | ₹1538 |
| 2028 | ₹1682 | ₹1856 |
| 2029 | ₹1978 | ₹2189 |
| 2030 | ₹2318 | ₹2464 |
| 2035 | ₹3782 | ₹3978 |
| 2040 | ₹5463 | ₹5536 |
| 2050 | ₹8366 | ₹8518 |
Coal India starting price in 2024 was ₹381.80. As of today, It was trading at ₹527.60, indicating a +38.18% increase in price since the beginning of the year. The predicted Coal India price at the end of 2024 is ₹680, with a year-on-year growth rate of +78.1%. The increase in price from today to year-end is estimated to be +28.88%, and by mid-2024, we expect to see the price at ₹474.
According to market projections, Coal India share price will reach ₹824 in the first half of 2025. Furthermore, by the end of the year, it is expected to increase by ₹124, closing at ₹948, signifying a remarkable +79.68% increase from the current price.
Based on a financial forecast, Coal India share price is projected to commence at ₹948 in 2026, followed by a significant elevation to ₹1086 within the first six months of the year, and conclude the year at ₹1267, indicating an overall increase of +140.14% from the present stock price.
More Forecast:
According to the latest projections, Coal India share value is expected to increase significantly in the coming years. By 2027, the share is predicted to start at ₹1267, then experience a notable boost within the first six months of the year, soaring to ₹1396. The upward trend is expected to continue, with the stock finishing the year at ₹1538, representing a substantial +191.5% increase from its current value.
According to our analysis, Coal India share price is expected to start the year 2028 at a value of ₹1538 and rise to ₹1682 within the first six months of the year. By the end of 2028, it is predicted to reach ₹1856, implying a growth rate of approximately +251.78% from its current value.
According to market analysts, Coal India share is predicted to experience significant growth over the next few years. It is estimated that by the start of 2029, the share will be valued at ₹1856. Over the first six months of the year, it is expected to rise to ₹1978, reflecting a substantial increase in value. By the end of 2029, Coal India share is forecasted to reach ₹2189, indicating an impressive +314.89% increase from its current value.
According to the latest projections, it is believed that Coal India share price will start the year 2030 at ₹2189. This is expected to be followed by a steady climb, with the stock reaching ₹2318 within the first half of the year. The trend is expected to continue, and Coal India share is predicted to finish the year at ₹2464. This represents a significant increase of about +367.02% from the current stock price, making it an attractive investment opportunity for those looking to invest in the company.
Based on a long-term analysis, it is predicted that the value of Coal India share price will rise significantly by the year 2035. Specifically, the price of Coal India is expected to increase to ₹3978, representing a gain of +653.98%. This prediction takes into account various market factors and trends that are expected to impact the performance of Coal India over the next two decades.
According to a long-term forecast analysis, the price of Coal India share will significantly increase to ₹5536 by 2040, representing a gain of over +949.27%. This positive trend is expected to continue in the years to come, resulting in a profitable opportunity for investors.
Based on an analysis, it is predicted that the value of Coal India share will rise to ₹8518, representing an exceptional increase of +1514.48% by the year 2050.
This forecast indicates an auspicious outlook for Coal India future growth and profitability and suggests that the company is well-positioned to continue its impressive performance in the long term.
Is Coal India a Good Stock to Invest In?
Based on the financial ratios and analysis, Coal India presents a mixed picture for potential investors.
Strengths:
- Strong Profitability: Coal India has a high Return on Assets (ROA) of 65.08% and Return on Equity (ROE) of 92.66%, indicating strong profitability and efficient use of both assets and equity.
- Solid Liquidity: The current ratio of 4.32 suggests that Coal India has a robust liquidity position, which means it can comfortably cover its short-term liabilities.
- No Debt: The company has a Debt to Equity ratio of 0, indicating it has no debt. This low financial risk can be appealing to conservative investors.
- Attractive Dividend Yield: A dividend yield of 4.85% provides a good return for income-focused investors, making it appealing for those looking for regular income from dividends.
Weaknesses:
- High PE Ratio: The Price to Earnings (PE) ratio of 21.72 is relatively high, suggesting that the stock may be overvalued compared to its earnings. This could be a concern if the market does not expect significant future growth.
- Negative Sales Growth: A sales growth rate of -18.97% is a significant drawback, indicating a decline in revenue, which could affect future profitability and growth potential.
- Overvaluation Concerns: Given the high PE ratio and declining sales, there are concerns about whether the current stock price accurately reflects the company’s value and future prospects.
Coal India has some attractive qualities, such as strong profitability, a solid balance sheet with no debt, and a good dividend yield. However, the high PE ratio and negative sales growth are significant concerns.
Potential investors should consider these factors and weigh them against their investment goals and risk tolerance.
Overall, Coal India may be attractive to conservative, income-focused investors who prioritize stability and dividends, but those looking for growth might find the stock less appealing.
Is Coal India overvalued or Undervalued?
Coal India is currently Overvalued. The intrinsic value of one Coal India share is estimated to be ₹428.55 under the Base Case scenario, while the current market price is ₹527.60, making it overvalued by 23.11%.
FAQs
Coal India currently holds a Buy consensus rating. This rating is based on the evaluation of 13 strong buy ratings, 6 buy ratings, 4 hold ratings, 0 sell rating, and 2 strong sell ratings.
According to a detailed analysis of long-term forecasts, it is anticipated that Coal India share will witness a substantial surge in value by 2050, with a predicted rise to ₹8518. This increase would reflect a gain of more than +1514.48%, signifying a promising trend for potential investors.
Moreover, this favorable trend is expected to persist in the near future, thereby presenting a lucrative opportunity for those seeking to invest in the company.
The findings suggest that Coal India share may be a promising long-term investment option for investors looking for profitable ventures.
The current share price of Coal India is ₹527.6. Based on current trends, the price could potentially rise to ₹2,189 in five years.
The current share price of Coal India is ₹527.6. Based on current trends, the price could potentially rise to ₹3,978 in ten years.
Yes, Coal India share is currently a good stock to buy as the price is expected to increase by 79.68% in the next year.
Based on the current market trends, the Coal India share price for tomorrow is predicted to be ₹528.72, with an expected increase of 0.21%.
Yes, our prediction suggests that Coal India share will go up tomorrow, estimating an increase of 0.21% in the next day.
No, according to our prediction, Coal India share will not go down tomorrow. It is estimated to gain 0.21% and reach a price of ₹528.72.
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