Coal India’s share price has witnessed a remarkable surge of over 90% in the past year, driven by strong demand and a production ramp-up. Analysts anticipate further gains, with an estimated upside potential of more than 15%. Leading brokerage firms, including SBI Securities and Anand Rathi Research, have set target prices that indicate substantial upside from current levels. Key factors contributing to this bullish sentiment include Coal India’s plans to reduce expenses by closing unprofitable mines and streamlining its workforce, leading to a significant decline in employee costs. Additionally, the company’s focus on volume growth, cost savings, and a prudent dividend policy are expected to drive sustained growth in the coming years.