The company's production rose by 7.2% YoY in December and dispatches rose by 2%.

Valuations for Coal India remain attractive at 5.5 times price-to-earnings ratio.

The analyst suggested a stoploss at Rs 199

Buy Coal India Ltd. at a price target of Rs 222.0 and a stoploss at Rs 211 from entry point.

Buy Coal India Ltd. at a price target of Rs 225.0 and a stoploss at Rs 210 from entry point.

Sagar Doshi recommended to keep a stop loss at Rs 198.

Buy Coal India Ltd. at a price target of Rs 220.0 and a stoploss at Rs 196 from entry point.

Buy Coal India Ltd. at a price target of Rs 212.0 and a stoploss at Rs 197 from entry point.

Sell Coal India Ltd. at a price target of Rs 220.0 and a stoploss at Rs 236 from entry point.

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