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saurabh mittal

5 hours ago · SEBI Registration INH000022835

Bharat Coking Coal Ltd management and operational updates.

BHARATCOAL
BCCL reported a Q1 FY27 net loss of ₹68.09 crore (vs a profit a year earlier), reflecting lower production and dispatches in the quarter. Despite this, the stock surged over 7% to around ₹37.70 in early September as global coking‑coal prices jumped ~18% on supply disruptions and strong long‑term demand, lifting sentiment for coking‑coal producers. On the operational front, the DGMS withdrew permission for controlled deep‑hole blasting at New Akashkinaree Colliery (NAKC, Govindpur Area) on August 17, 2026, prompting BCCL to undertake technical studies and seek fresh approval; separately, coal mining and dispatch at the ABOCP Mine (Block‑II) were reported illegally stopped since April 2, 2026. In management changes, Shri Rajesh Kumar, Director (Finance), assumed additional charge as Director (HR) from September 1, 2026, following the superannuation of the prior HR director, and Shri Manish Mishra became the Site Managing Person (SMP). Shares were trading around ₹32.26–₹32.34 on September 18, with a market capitalisation near ₹15,030–₹15,040 crore.

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