Bharat Coking Coal shares rally 5% after Q2 profit turnaround; revenue jumps 39% YoY

What happened: Bharat Coking Coal shares rallied after the Coal India subsidiary reported a Q2 FY27 profit turnaround, with net profit of Rs 123.7 crore. Key numbers: Net profit Rs 123.7 crore; revenue Rs 4,412.58 crore, up 39% year-on-year; shares rose 5%. Why it matters: The profit turnaround came even as first-half production declined, and technical indicators pointed to continued weakness in the stock.

Bharat Coking Coal shares rallied after the Coal India subsidiary reported a Q2 FY27 profit turnaround, with net profit of Rs 123.7 crore.

The profit turnaround came even as first-half production declined, and technical indicators pointed to continued weakness in the stock.