GENERAL22 Sept 2026
Coal India share price climbs 3% after Morgan Stanley upgrades, raises target price | Stock Market News
Coal India shares rose 3% on Tuesday, 22 September, after Morgan Stanley upgraded the stock to 'overweight' and raised its target price to ₹480. The stock is up 6% so far this year. The broker expects stronger thermal power demand and higher e-auction premiums to lift volumes. That matters if you hold the stock or track coal-linked businesses. Remember, this is analyst opinion, not investment advice.
Key Statutory Highlights
- Morgan Stanley upgraded Coal India to 'overweight' and raised its target price to ₹480.
- Coal India shares opened at ₹422.90 against the previous close of ₹414.50 and touched an intraday high of ₹426.75.
- Morgan Stanley raised its FY27 earnings per share estimate for Coal India by 20%.
Actionable Advice for Taxpayers / Founders:If you hold Coal India or coal-linked shares, treat this upgrade as one broker's view only. Recheck your own goals and risk comfort before you buy or sell, since market conditions can change quickly.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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