Bharat Coking Coal Limited (BCCL) will launch its Rs 1,300 crore IPO on January 8, closing January 13, with promoter Coal India offloading shares via an offer for sale. The company, India’s largest coking coal producer, will announce its price band on January 5. BCCL reported a net profit of Rs 1,240 crore for FY25.
Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to offices
Vedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The companies confirmed the