Hot stocks: Brokerage view on Coal India, Tata Steel, Maruti Suzuki and M&M

CLSA has reiterated its 'Outperform' rating on Coal India and increased the target price to Rs 580 from Rs 480. The firm noted that the first quarter was robust operationally, driven by lower costs. It anticipates continued resilient volume growth in the near term and, with a 5% dividend yield, considers the risk-reward profile to be compelling.