Prism Johnson Secures ₹70.5 Crore Annual Coal Supply Contracts

Prism Johnson shares surged as much as 11% on August 19, 2026, after the company announced new coal supply contracts. The contracts were secured from Coal India subsidiaries Eastern Coalfields and South Eastern Coalfields. Under the agreements, Prism Johnson will receive around 1.28 lakh tonnes of coal annually. The contracts have an estimated annual value of approximately ₹70.49 crore. The development is expected to strengthen the company’s raw-material supply arrangement. Investors reacted positively to the announcement, pushing the stock to an intraday high of ₹116 on ***** sharp price movement indicates strong buying interest following the order ***** company remains exposed to cement-sector demand and input-cost ***** may watch whether the stock sustains gains after today’s sharp rise.