Bumper Debut: BCCL shares skyrocket nearly 77%

New Delhi: Shares of Bharat Coking Coal Ltd on Monday made a bumper stock market debut and ended with a premium of nearly 77 per cent, commanding a market valuation of Rs 18,935 crore. The stock was listed at Rs 45.21, a steep premium of 96.56 per cent from the issue price of Rs 23 on the BSE.

Later, it ended at Rs 40.66, reflecting a surge of 76.78 per cent. At the NSE, the stock made its market debut at Rs 45, up 95.65 per cent. Shares of the firm ended at Rs 40.58, registering a jump of 76.43 per cent. The company’s market valuation stood at Rs 18,935.36 crore.