Coal India lacks earnings catalysts given an oversupplied domestic coal markets, but dividend yield supports the stock price, brokerage firm HSBC said in its note. Jefferies also called Coal India’s 6% dividend yield as “attractive.”
Coal India lacks earnings catalysts given an oversupplied domestic coal markets, but dividend yield supports the stock price, brokerage firm HSBC said in its note. Jefferies also called Coal India’s 6% dividend yield as “attractive.”