Bharat Coking Coal plans a ₹1,071 crore Offer for Sale, reducing Coal India’s stake to 90%. The company is poised to benefit from rising steel demand and is expanding its operations with new washeries. Despite strong growth, investors should note customer concentration and longer working capital cycles, alongside the long-term impact of renewable energy.
ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%
ACC Q3 Results: ACC’s net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of Rs