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The stock traded at a P/E multiple of 117.8, while the price-to-book value ratio stood at 8.87.

Barring Terra, Polkadot and Dollar pegged Stablecoins, other six out of top-10 digital tokens were trading in green at 8.40 am. However, the gains were capped, with Binance Coin and Cardano gaining up to 2 per cent only.

On the flipside, HCL Technologies declined 1.99 per cent to Rs 1,307. Tech Mahindra, Wipro, Infosys and TCS dropped up to 1.8 per cent. NTPC, IndusInd Bank and Bharti Airtel fell up to 0.9 per cent.

"Our key themes and stock picks for 2022 are software services, telecom and tractors."

The stock quoted a 52-week high price of Rs 1987.0 and low of Rs 340.8.

According to a study by ETMarkets.com, these stocks have turned an investment of Rs 1 lakh into Rs 1 crore or more. A majority of them were penny stocks back then. Robust fundamentals helped them to script a historic turnaround.

The Relative Strength Index of the stock stood at 52.34 on Wednesday.

Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 94782.76 Crore) operating in Mining sector.

It has a target of Rs 4,566 on Gland Pharma, valuing the stock at 36.5 times FY24 EPS, in line with its historical one-year forward of 37 times.

A total of 16,375 shares changed hands on the counter till 10:51AM (IST)