Bharat Coking Coal shares rally 8% as board approves price hikes for certain grades of coking coal

This comes as the company’s board of directors approved the rationalisation of basic prices of certain grades of raw coking coal for the non-regulated sector.

According to a regulatory filing, the mini ratna firm stated that basic prices of different grades of raw coking coal were increased by approximately 0.1% to 14% over their existing prices.

Furthermore, the Coal India arm added that, “with a view to correct disproportionate inter-grade price differentials”, the revision 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) for the non-regulated sector.

BCCL monthly production update

The company saw the production of raw coal increase by 20.7% year-on-year (YoY) to 2.57 million tonnes (MT) in September 2026, compared with 2.13 MT in the same month last year.

Additionally, its coking coal production stood at 2.49 MT during the month under review, reflecting a 21.5% YoY jump from 2.05 MT in September 2025.

However, BCCL recorded a marginal YoY decline in its non-coking coal production to 0.07 MT for the reporting month.

Recent update

Separately, as per a regulatory filing dated September 25, the company signed a memorandum of understanding (MoU) with Steel Authority of India Ltd (SAIL) for increasing domestic coking coal production.

The MoU was inked for joint operation of Indikatta Ramnagore Coal Block of SAIL and the East of Damagoria (Kalyaneshwari) Coal Block of BCCL in West Bengal.

“The MoU marks an important step towards strengthening cooperation between the two CPSEs and developing domestic sources of coking coal,” it added.

BCCL share performance

At around 10:49 AM, the stock of BCCL was trading 5.72% higher at ₹32.89 per equity share.

While the scrip hit a 52-week high of ₹45.09 apiece on January 19, 2026, it touched a year’s low of ₹29.74 per unit on March 30, 2026.

BCCL shares were listed on the stock exchanges on January 19, 2026, at ₹45 apiece on the NSE, marking a premium of 95.65% over its initial public offering (IPO) issue price of ₹23 per share. On the BSE, the scrip started trading at ₹45.21 per unit, up 96.57% from the issue price.

Bharat Coking Coal Ltd has a total market capitalisation of ₹15,307.56 crore as of October 14, 2026, according to data on the NSE.