Coal India shares rally 3% after target prices go up to Rs 600 on Q1 beat

Coal India's stock rose 3% to a 52-week high following a 4% increase in net profit for the quarter ended June 2024. Analysts from JM Financial, Motilal Oswal, and ICICI Securities have expressed positive outlooks, citing strong volume growth and efficient cost management as major factors boosting the company’s performance.