Introduction

Coal India Share Price Target 2024, 2025, 2027, 2030, 2035 (Long Term). (CIL), under the Ministry of Coal and the Government of India, is the world’s largest government-owned coal producer. With operations spanning eight Indian states and a wholly-owned mining subsidiary in Mozambique (Coal India Africana Limitada), CIL supplies over 80% of the country’s coal. Major clients include power and steel industries, with additional customers in the fertilizer, cement, and brick kiln sectors.

Coal India (NSE: COALINDIA, BOM: 533278) was listed on the stock exchange in 2010. Despite not yielding returns since its listing, traders have capitalized on its price fluctuations. After reaching its peak price of ₹425.90 in 2015, the stock declined to ₹114.90 by 2020. Post-October 2020, it surged by 115% over two years. Presently, it stands 190% above its lowest price but remains 20% below its peak and 2.50% below its listing price.

Below is a detailed analysis of Coal India’s stock price targets for the next 10 to 15 years, utilizing a custom algorithm based on deep learning. This algorithm adjusts based on price fluctuations, volume shifts, and market cycles.

Coal India Share Price Target

Coal India Share Price Target in the Next 1, 3, 5, 7, and 10 Years

Based on current trends, Coal India’s share price is projected to reach ₹615.59 in the coming year. Forecasting ahead, it could rise to ₹977.01 in five years and ₹1,455.59 in ten years.

Coal India Share Price Target 2024, 2026, 2028, 2031, 2035

Monthly Targets for 2024

Despite market volatility, Coal India’s stock price is likely to reach ₹593.80 per share by the end of 2024.

Monthly Targets for 2025

The stock price is expected to reach ₹672.67 per share by the end of 2025.

Monthly Targets for 2026

Coal India’s stock price target for 2026 is ₹766.03.

Monthly Targets for 2027

By 2027, Coal India’s share price may increase up to ₹863.35.

Monthly Targets for 2028

By the end of 2028, Coal India’s share price could reach up to ₹964.44.

Monthly Targets for 2031

For the year 2031, Coal India’s share price is anticipated to rise up to ₹1,242.98.

Monthly Targets for 2035

Also Read: LIC Share Price Target 2024, 2025, 2027, 2030, 2040

FAQ

What will Coal India’s share price be in 2024?

Based on current projections, Coal India’s share price in 2024 is expected to range between ₹279.73 and ₹319.09 by December.

What will Coal India’s share price be in 2026?

In 2026, Coal India’s share price is forecasted to be between ₹409.77 and ₹469.07 by the end of the year.

What will Coal India’s share price be in 2028?

By December 2028, Coal India’s share price is anticipated to reach between ₹829.89 and ₹964.44.

What will Coal India’s share price be in 2030?

While specific monthly targets for 2030 are not provided, based on the trends from previous years, the share price could continue its upward trajectory, potentially reaching or exceeding ₹1,000.

What will Coal India’s share price be in 2031?

The projections for 2031 suggest that Coal India’s share price could range from ₹1,040.67 to ₹1,242.98 by December.

What will Coal India’s share price be in 2035?

By the end of 2035, Coal India’s share price is projected to be between ₹1,318.81 and ₹1,621.34.

What are the key growth drivers for Coal India’s share price?

The main growth drivers for Coal India’s share price include increased coal production and sales, strategic expansion plans, government policies favoring coal usage, operational efficiency improvements, and diversification into renewable energy sources.

How does the global energy transition impact Coal India’s future?

The global shift towards renewable energy poses both challenges and opportunities for Coal India. While there is a push to reduce coal consumption to combat climate change, Coal India is also exploring renewable energy projects to align with this transition and ensure its long-term sustainability.

How has Coal India’s share price performed historically?

Coal India’s share price has experienced fluctuations due to varying market conditions, regulatory changes, and global coal price dynamics. Historically, the stock has shown resilience and growth potential, reflecting the company’s strategic initiatives and market position.

What are the potential risks associated with investing in Coal India?

Investors should consider risks such as regulatory changes, environmental policies, fluctuating global coal prices, operational challenges, and competition from renewable energy sources. Additionally, economic downturns and geopolitical factors can also impact the company’s performance.

Is Coal India’s dividend policy attractive for investors?

Coal India is known for its attractive dividend policy, often providing substantial returns to shareholders. The company’s consistent dividend payouts make it an appealing option for income-focused investors.

How does Coal India’s market position influence its share price?

Coal India’s dominant position in the Indian coal market, coupled with its significant production capacity, provides a competitive edge. This strong market presence supports its share price and long-term growth prospects.

Conclusion

Coal India’s future share price targets highlight its potential for steady growth in the coming years. The projections indicate a positive outlook, driven by the company’s strategic initiatives, market position, and adaptability to changing energy dynamics. While the transition to renewable energy presents challenges, Coal India’s efforts to diversify and adopt sustainable practices demonstrate its commitment to long-term success.

Investors should consider both the opportunities and risks associated with Coal India, keeping in mind the broader economic and regulatory landscape. The detailed monthly share price targets for the coming years provide a comprehensive view of the potential investment horizon. For continuous updates and in-depth analysis, My Blogg Bank remains a valuable resource for financial insights and projections.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.