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.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK