Bharat Coking Coal shares rally 5% after Q2 revenue turnaround; income jumps 39% YoY
The firm reported a revenue after tax (PAT) of Rs 123.7 crore in Q2 FY27, in contrast with a lack of Rs 53 crore within the year-ago quarter.
Revenue from operations rose 39% YoY to Rs 4,412.58 crore within the September quarter, up from Rs 3,173.25 crore within the year-ago interval.
Bharat Coking Coal’s manufacturing stood at 7.22 million tonnes within the quarter ended September 30, 2026, in contrast with 6.71 million tonnes within the corresponding quarter final yr and 6.56 million tonnes within the June 2026 quarter.
However, manufacturing for the primary half of FY27 declined to 13.78 million tonnes from 15.75 million tonnes within the corresponding interval of FY26.
Coal offtake elevated to eight.89 million tonnes within the September quarter, in contrast with 8.11 million tonnes a yr earlier and seven.72 million tonnes within the previous quarter. For the primary half of FY27, offtake stood at 16.61 million tonnes, in opposition to 17.05 million tonnes within the year-ago interval.
Share value, technical indicators and shareholding sample
Despite Monday’s rally, Bharat Coking Coal shares are down round 11% over the previous three months. The firm has a market capitalisation of Rs 14,525 crore, whereas its 52-week excessive stands at Rs 45.09.Also learn: Infosys sinks 4% after FY27 guidance cut; 5 brokerages decode the outlook
Shareholding sample: Foreign institutional traders (FIIs) and mutual funds trimmed their stakes within the September 2026 quarter. FII holdings declined to 0.06% from 0.38% within the June quarter, whereas mutual fund holdings fell to 0.30% from 0.37%.
Technical indicators: According to Trendlyne information, the inventory’s day by day Relative Strength Index (RSI) stood at 33.5. An RSI beneath 30 is mostly thought of to point oversold circumstances, whereas a studying above 70 sometimes alerts overbought circumstances.
Bharat Coking Coal was additionally buying and selling beneath all seven of its easy transferring averages (SMAs), indicating continued weak spot throughout these technical indicators.
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