Bharat Coking Coal Shares Soar 95.65% on Debut; Experts Advise Profit Booking

• Bharat Coking Coal Limited (BCCL) shares listed at a 95.65% premium on NSE, opening at Rs 45 against an issue price of Rs 23.
• The IPO, open from January 9-13, was massively oversubscribed by 143.85 times overall, with strong bidding across all categories.
• The stellar debut is attributed to BCCL's strong fundamentals, strategic importance in India's coal supply chain, and positive sector outlook.
• Shivani Nyati of Swastika Investmart Ltd. suggests traders and short-term investors book profits, while long-term investors can hold with a stop-loss of ₹35.
• Om Ghawalkar of Share.Market recommends IPO allottees book partial profits to manage risk, holding the rest for medium-to-long term.

Why It Matters: BCCL shares debuted with a nearly 96% premium; experts recommend profit booking for short-term gains.