coal india (Emkay) Music to ears- 9% dispatch growth in FY12E

Dispatch - targeting 468-470mn MT in FY12E (growth of 9%); Supporting fact - April 2011 dispatches grown by 8.8%, 4.5mn MT inventory liquidated already; Wage hike - due in July, might take time to finalize
Date Rating Target Price Recommendation Price Broker house
6 May 2011 not rated -- 368 Emkay Report

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