Bharat Coking Coal shares jump 4% after approving price hikes for key products

Shares of Bharat Coking Coal Ltd. (BCCL) gained as much as 4.5% on Wednesday, April 1, after the company said it has approved the proposal for revision of modulated price for coking coal and washed coal products.

BCCL said its committee of functional directors (CFDs) approved the proposal on March 31, 2026. The revision, is based on WPI indexation, with an indexation of 0.24% over the last year, and will be effective from April 1, 2026.

The proposal was for revision of the modulated price for coking coal and washed coal products (washed power coal, slurry and rejects) which were part of the NRS linkage auction tranche VI and onwards and for single-window mode agnostic e-auction, the company said.

The NRS Linkage Auction Tranche VI refers to the sixth round of long-term coal supply auctions conducted by Coal India, which was completed in 2023.

Shares of Bharat Coking Coal listed on the stock exchange on January 19, 2026, at ₹45 apiece, a premium of 96.65% to its issue price of ₹23 apiece.

While the stock is down 33.5% from its post-listing high of ₹45.09 apiece, it is up 30.4% from its issue price of ₹23 per share.

Shares of Bharat Coking Coal are trading 5% higher on Wednesday after the announcement at ₹31.37.

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