Dividend paying stocks: Elara Securities expects an annual dividend payout of Rs 20-23 per share by Coal India, which implies a 7 per cent yield. This brokerage finds the stock worth Rs 453.
Oil India reported a marginal increase year-on-year in consolidated net profit at Rs 2,608 crore in the December quarter. The state-run oil producer s revenue from operations rose 3 percent YoY to Rs 10,912.61 crore.
Oil India share price target: Emkay Global said it has upped its target price for Oil India by 50 per cent to Rs 670 per share as its earlier estimates and valuations were built on conservative assumptions