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Coal India shares rise 3.5% as subsidiary Bharat Coking Coal plans Rs 1,300 crore IPO

Coal India shares rose on Tuesday after reports that its subsidiary, Bharat Coking Coal (BCCL), is preparing a Rs 1,300 crore IPO via a 10% stake sale. The issue, expected within two weeks, implies a valuation of about Rs 13,000 crore. Coal India stock is nearing its 52-week high.

Source :- Markets-Economic Times Read More

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