Bharat Coking Coal announces February business update

Bharat Coking Coal Limited reported muted February performance with raw coal output at 3.50 MT, nearly flat year-on-year. Cumulative production for April–February declined 14% to 31.1 MT. Coking coal output fell, while non-coking coal rose. Offtake dropped sharply by 28.7% in February, pressuring the stock, which slipped over 3%.