1 min read.Updated: 01 Sep 2022, 01:43 PM ISTLivemint
Motilal Oswal has increased the PSU stock's target price to ₹290 per share (from ₹275 earlier)
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Domestic brokerage and research firm Motilal Oswal expects global coal demand to remain strong in the near term as the world recovers from the pandemic and Europe shifts to renewables (in the long term) from Russian gas, increasing dependency on coal in near term.
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