Technical analyst Anil Singhvi has maintained 'buy' rating on Coal India Ltd with an intra-day target of Rs 325.

According to analyst, the investors can buy the stock with a stop loss of Rs 310.

The stock of the company, on December 09, closed at Rs 313.10 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 357.60 and a low of Rs 287.45 on BSE.

Coal India Ltd said that it is considering the acquirement of 5 mines in the US, Australia and Indonesia with the aim to meet up the country's demand for the fuel

Coal India Ltd is mulling over an Australian mine owned by Peabody Energy Corp., one in the United States possessed by Massey Energy Co. and one more in Indonesia, company's Chairman Partha Bhattacharyya said, refusing to name the third firm.

Even though the company has not begun amassing data on two more Australian mines, it might hire banking institutions shortly to check up offers.

The world's biggest fuel producer with the aim to defend its bottomline has decided to shut down the unprofitable underground mines.

"We are looking at closing down underground mines (UG), which are loss making. To begin with, we are planning to target mines which are losing Rs 3,000 and above per tonne of coal extracted from underground mines," Mr. Bhattacharyya added.