Coal India Ltd Share Price Target 2022, 2023, 2025

Coal India Ltd Share Price Target 2022, 2023, 2024, 2025 Motilal Oswal's prediction on Coal India Ltd Share Price, High Return Target

Hello friends, today we are going to talk about Coal India Ltd, it is an Indian government-owned coal mining and refinery company, established in the year 1975, it is the largest coal-producing company in India, but For some years there is a continuous decline in its share price, so today we will know the reason, as well as the estimated prices of this share in the coming years 2023, 2024, 2025, 2030 and 2035 of Coal India Ltd., will understand

Coal India Ltd History and Achievements

Coal India Ltd produces about 80% of the domestic coal production, and is the largest coal producer not only in India but also in the world, with 79 million tonnes when this company was established in the year 1975. Used to produce coal and now by producing more than 600 million tonnes, this company has become the world's largest coal mining company, Coal India is spread across 8 states of the country.

And it has 85 production areas all over the country, Coal India Limited has a total of 345 coal mines in the country, out of which 151 mines are underground, Coal India Limited contributes 80% of the total coal production of the country, and all these Due to the reasons, on 11 April 2011, the Government of India gave this company the status of Maharatna.

Earlier in the year 2008, this company was given the status of Navratna, India meets more than 70% of its energy and needs from coal-fired plants, 57 percent of the country's commercial energy is dependent on coal,

Coal India Ltd Share Price Target 2022 in Upcoming Months

• Month 2022 Target Price
• Jun                     ₹195
• July                     ₹190
• August            ₹181
• September        ₹180
• October            ₹179
• November  ₹169
• December           ₹168

Now Coal India Ltd has forayed into new energy generation areas along with coal, including other sources of energy generation like solar energy, wind power, biomass, geothermal, and hydrogen, which CIL Gujarat has taken up with. Has achieved its first SWAR objective by securing 100 MW of solar power through Solar Urja Ltd.

And by the year 2024, coal India's target is to reach 1 billion tonnes of coal production, for which the company is going to start 49 projects, and by 2021, this company has planted 100 million trees, which means this company is environmentally friendly. also takes special care

Coal India Ltd Share Price Target in Future

• Year         Target Price
• 2023           ₹220
• 2024           ₹245
• 2025           ₹339

Disclaimer:- This article has been written on the basis of some data and estimates, invest in the share market at your own risk and we are not a financial advisor registered by SEBI, so if you have any kind of loss, then we are not responsible for it.