India’s rising power demand and the government’s renewed push towards improving PSU performance have once again brought Coal India into sharp market focus. The stock has seen strong institutional interest recently, with investors betting on a combination of attractive valuations, higher coal demand, and the possibility of significant value unlocking through subsidiary listings.
Speaking to ET Now, Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd said Coal India’s current valuation leaves substantial room for long-term upside.