Here's why Coal India share price could go up to ₹500 as per Jefferies

Coal India Ltd. shares traded with gains on Friday, September 25, as brokerage firm Jefferies projected an 18.5% upside on the stock.Jefferies maintained its "buy" recommendation on Coal India with a target price of ₹500 per share.The brokerage in its note said coal stocks at power plants have drop…