Bharat Coking Coal share price zoomed 7.23% in Wednesday's trading session after the company announced a price hike for raw coking coal on Tuesday.
Bharat Coking Coal shares opened at ₹31.64 per share today on NSE, as compared to previous close of ₹31.11 on Tuesday. The stock touched an intraday high of ₹33.48 on 14 October.
In an exchange filing on Tuesday, Bharat Coking Coal said that the board has approved a price hike in the select grades of raw coking coal supplied to the non-regulated sector.
“We wish to inform you that the Board of Directors of Bharat Coking Coal Limited, at its meeting held on 13th Oct, 2026, approved the Rationalisation of Basic Prices of certain grades of Raw Coking Coal for Non-Regulated Sector,” the company said in the filing.
It further said that the price revision aims to correct price differences between various coal grades. It applies only to the non-regulated sector and covers Steel Grades I and II, Direct Feed, PCC Washery Grades W-II to W-VI, and HVMC Washery Grades W-I to W-VI. Basic prices have been increased by around 0.1% to 14%, depending on the grade.