Why Coal India's arm CMPDI could be a buy even after 7% IPO debut crash today
- Posted on March 30, 2026
- By Business News Today
- 5 Views
Why Coal India's arm CMPDI could be a buy even after 7% IPO debut crash today
CMPDI shares listed at a 7% discount amid weak demand despite strong fundamentals and institutional interest. Analysts remain cautious on near-term upside due to muted retail participation and broader market sentiment. While valuations appear reasonable, dependence on Coal India and sector risks remain key concerns for investors.