Bharat Coking Coal’s IPO opened to strong investor demand, fully subscribed within half an hour. The issue is trading at a significant grey market premium, indicating positive listing expectations. With substantial coking coal reserves and a dominant market share, the company is poised for a robust debut, attracting interest from retail and high-net-worth investors alike.
LME approves Adani’s major copper smelter in India as listed brand
The London Metal Exchange has approved Adani Copper for delivery against its contracts, enabling warrant issuance from July 10. Produced by Adani Enterprises’ Kutch Copper