Bharat Coking Coal Ltd achieves record single day coal booking under special discount scheme

Bharat Coking Coal Limited has achieved record single day coal booking under its recently introduced special discount scheme aimed at liquidation of coal stock.

Under the scheme, discounts ranging from ₹100 to ₹600 per tonne were offered across various slabs, which received an encouraging response from consumers. During the e-auction conducted yesterday:

- Rail Mode: Approximately 1,80,000 tonnes of coal were booked across 45 rakes

- Road Mode: Approximately 56,850 tonnes of coal were booked

Accordingly, the total coal booking stood at approximately 2,36,850 tonnes in a single day, marking a significant achievement for the Company.

The strong response reflects the effectiveness of the Company's consumercentric policies. The higher booking through rail mode is expected to support key sectors such as steel and core industries.

Shares of Bharat Coking Coal Limited was last trading in BSE at Rs. 34.80 as compared to the previous close of Rs. 34.20. The total number of shares traded during the day was 486262 in over 1642 trades.

The stock hit an intraday high of Rs. 34.95 and intraday low of 34.22. The net turnover during the day was Rs. 16855354.00.

Source : Equity Bulls

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INE05XR01022 BharatCokingCoal RecordBooking