CMP: 336

Coal India Limited produces and markets coal and coal products, as well as provides related consulting services.

Coal India was offered in primary market at 240 and listed with gains and has ever since seen good support at 300 Levels. Its currently trading at a P/E of 35. Minimal liability. Revenues have grown steadily from 3462 Crores to 5498 Crores in the last 5 years. Profits have risen from 2821 Crores to 4696 Crores in the same period. NPM has stayed at amazingly high levels above 80% in the last 5 years. Buy and hold for long term gains.