positive
Recently
Grey market momentum strengthens ahead of Bharat Coking Coal IPO opening
Rising grey market premiums suggest strong demand for Bharat Coking Coal IPO, though analysts urge investors to balance listing expectations with long-term sector risks.
Grey market indicators for the Bharat Coking Coal IPO have strengthened ahead of the issue opening, reflecting growing investor confidence. The rising premium to reasonable pricing, stable earnings visibility, and the strategic importance of coking coal in India’s steel ecosystem. Despite the optimism, experts caution that short-term listing gains may not translate into sustained returns, particularly given regulatory oversight and commodity price cycles that influence PSU linked businesses.