Announced Mon, 22 Jun · 18:18 IST
Birla Corporation starts coal production at Bikram Coal Mine
BIRLACORPN · price
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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹1006.00
prior close
₹1020.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+1.5+1.5+0.5-0.7-0.3-2.0-2.5-2.3-2.6+1.7-3.3——
Up moveDown movePending
AI summary
Birla Corporation has commenced commercial coal production at its Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh effective 22nd June, 2026. This follows an earlier intimation dated 23rd April, 2026 about starting mining operations at this new mine. Coal is a key raw material for the company's cement business, and the captive source is expected to support fuel security for its plants.
Likely market impact
Positive for shareholders. A new captive coal source can secure long-term fuel supply and help reduce energy costs for cement operations.