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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Bharat Coking Coal shares crash 8% after Coal India arm posts Rs 68 crore Q1 net loss

Coal Coal India NSE

Shares of Bharat Coking Coal sharply crashed more than 8% on Wednesday after the subsidiary of Coal India posted a net loss of Rs 68 crore for the April-June quarter of FY27, compared to a net profit of Rs 177 crore in the corresponding quarter of the previous financial year.

Bharat Coking Coal is on track to record the sharpest single-day plunge in stock price since its bumper listing in January this year, crashing over 8% to an intraday low of Rs 34.40 apiece on NSE.

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