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coal india why jp morgan cut target price in this psu stock

Coal India: Why Jp Morgan Cut Target Price In This Psu Stock

73 days   👁 8

JPMorgan has lowered Coal India's target price to ?395, citing challenges like weak power demand and increased competition. Despite achieving production targets, the stock faces near-term headwinds. A price dip or improved demand could lead to a more positive outlook.

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