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Bharat Coking Coal Stock Surges 4% Following Approval of Product Price Increases
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Bharat Coking Coal Shares Jump 4% After Approving Price Hikes for Key Products
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CNBC TV18
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01-04-2026, 09:34
Bharat Coking Coal Shares Jump 4% After Approving Price Hikes for Key Products
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Bharat Coking Coal Ltd. (BCCL) shares surged 4.5% after approving a modulated price revision for coking coal and washed coal products.
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The committee of functional directors (CFDs) approved the proposal on March 31, 2026, effective from April 1, 2026.
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The price revision is based on WPI indexation, with a 0.24% indexation over the last year.
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The revision applies to products from NRS linkage auction tranche VI and onwards, and single-window mode agnostic e-auction.
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BCCL shares are trading 5% higher at ₹31.37 on Wednesday, despite being down 33.5% from their post-listing high.
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