Bharat Coking Coal Shares Rise 5% on Second Day of Listing; Stock Trades Near ₹43, Bulk Deals Seen

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Mumbai, January 20, 2026: Shares of Bharat Coking Coal Limited extended their post-listing momentum on Tuesday, rising around 5 percent in early trade on the second day after listing. The stock was trading at ₹42.81, up ₹2.23 or 5.50 percent, as of 9:28 AM IST, staying well above its IPO issue price of ₹23.

Share Price Snapshot (as of 9:28 AM IST)​

  • Last Traded Price: ₹42.81
  • Day’s Gain: ₹2.23 (5.50%)
  • Previous Close: ₹40.58
  • Open: ₹40.75
  • Intraday High: ₹43.45
  • Intraday Low: ₹40.70
  • VWAP: ₹42.48
The stock featured among the top gainers in early trade, reflecting continued investor interest following its strong debut.

Bulk Deals Reported on Listing Day​

Exchange data showed bulk deal activity in Bharat Coking Coal on January 19, the day of listing. Junomoneta Finsol Private Limited reported both buy and sell transactions in the stock:

  • Bulk Buy: 5,13,52,442 shares at an average price of ₹41.82
  • Bulk Sell: 5,16,28,798 shares at an average price of ₹41.85
The near-simultaneous buy and sell trades were executed at similar price levels, indicating active participation by institutional market participants during the early phase of trading.

Post-IPO Performance in Focus​

Bharat Coking Coal had made a robust market debut on January 19, listing at prices close to ₹45 per share, translating into a gain of nearly 96 percent over the issue price. The continued strength on Day 2 keeps the stock well above its IPO valuation, with market participants tracking price discovery after the initial listing surge.

IPO Background​

The IPO of Bharat Coking Coal was among the most oversubscribed issues of the year, closing with an overall subscription of over 140 times, driven by strong demand across institutional, non-institutional, retail, and shareholder categories.

Ahead of the IPO, Life Insurance Corporation of India had emerged as the single largest anchor investor, investing ₹78 crore at the upper end of the price band.

About Bharat Coking Coal Limited​

Bharat Coking Coal Limited is a Government of India enterprise and a subsidiary of Coal India Limited. The company is engaged in the mining and supply of coking coal and non-coking coal, with operations primarily located in the Jharia coalfields of Jharkhand and the Raniganj coalfields of West Bengal. It plays a key role in supplying raw material to India’s steel and core industrial sectors.

The stock’s movement on its second day of trading will remain in focus as investors assess volumes, institutional activity, and price stability following the strong IPO debut.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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