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Coal India gains as subsidiary IPO keeps investors engaged
Coal India shares advanced as investors tracked BCCL’s IPO and evaluated potential value unlocking alongside steady demand outlook.
Coal India shares have gained momentum over the past month, supported by investor interest ahead of its subsidiary BCCL’s IPO. Market participants are assessing valuation implications and potential unlocking of value through the listing.. The IPO launch is expected to remain a key near term trigger for the stock.