Indian markets broke their losing streak on Monday, supported by gains in the financial sector and energy stocks, with added strength from the pharmaceutical and healthcare sectors. The Nifty ended a two-session decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered after three straight declines to end at […]
State-owned Coal India on Thursday reported a 16% year-on-year decline in its consolidated net profit at Rs 7,166 crore in the third quarter. The company has declared the third interim dividend of Rs 5.5 per share for the financial year 2026. The record date for the said dividend is set as February 18 and the […]
The strong response from investors to the IPO of Bharat Coking Coal Ltd has boosted confidence within CIL and created positive momentum as the company evaluates the listing of its other subsidiaries, said Chairman and Managing Director B Sairam.The IPO of Bharat Coking Coal Ltd (BCCL), an arm of Coal India Ltd (CIL), was fully […]
The gray market is sending out loud signals ahead of Bharat Coking Coal Ltd’s stock market debut, with the IPO commanding a premium that points to a potential listing gain of 54% even after a last-minute postponement pushed the listing to Monday. For investors who piled into one of the most underwritten PSU offerings in […]
The listing of Bharat Coking Coal Ltd., a subsidiary of PSU Maharatna Coal India, has been postponed to January 19 from the earlier scheduled date of January 16 due to local elections in Maharashtra.Furthermore, the Indian stock market will remain closed on Thursday, January 15 due to the municipal elections in Maharashtra. Both the BSE […]
Bharat Coking Coal’s IPO has seen one of the strongest subscription responses seen in India’s primary market in recent years, with bids worth over Rs 1.1 lakh crore swamping an issue size of just Rs 1,071 crore. Data from the exchanges shows that investors bid for 50,93,16,75,600 shares at the highest price band of Rs […]
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India, is generating strong pre-listing buzz ahead of its first public issue, scheduled to open on January 9. The gray market premium (GMP) for the IPO is currently hovering around Rs 13-Rs 14 per share, implying a potential upside of 56.52% over the upper […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]
The Indian IPO market has started 2026 quietly, with no public motherboard releases opening for subscriptions in the first week of January. Instead, investor activity will be limited to three IPOs of small and medium-sized enterprises (SMEs), reflecting the cautious mood typical of the first part of the calendar year.January often starts slowly as investors […]
Benchmark indices rose on Friday amid a broad-based rally in banking, real estate, metals and auto stocks. The NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 percent positive at 26,328.55. BSE Sensex ended 573.41 points or 0.67 percent higher at 85,762.01, after rising over 740 points […]