Coal India (CIL) offers a 7% dividend yield, outperforming bank FDs, making it attractive for income-focused investors. While near-term headwinds include high inventories, competition, and regulatory risks, analysts highlight its defensive qualities, strong market position, and potential for moderate capital appreciation. The ₹450 target price suggests upside, positioning CIL as a stable, dividend-driven investment amid long-term energy transition challenges.