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Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its ground. The industry is pivoting towards enhancing operational resilience and implementing smart cost management to tackle these obstacles.
Vodafone Idea, Bharat Coking Coal, Adani Power, Nazara Tech among the most traded stocks on NSE today, 15 May 2026 - Mint
Vodafone Idea, Bharat Coking Coal, Adani Power, Nazara Tech among the most traded stocks on NSE today, 15 May 2026Mint
L&T's Energy Hydrocarbon vertical bags 'significant' EPC contract from BCGCL
Larsen & Toubro said that its L&T Energy Hydrocarbon Onshore division has secured a significant EPC order from Bharat Coal Gasification and Chemicals (BCGCL).
L&T Energy Hydrocarbon Onshore wins order from Bharat Coal Gasification and Chemicals
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore.
Nifty May futures trade at premium
HDFC Bank, Coal India and Bharat Forge were top traded contracts.
Larsen & Toubro bags large order for coal gasification project
Larsen & Toubro's Energy Hydrocarbon Onshore business has secured a large order from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India and Bharat Heavy Electricals (BHEL), for a coal-to-ammonium nitrate project in Odisha.
Larsen & Toubro bags coal-to-ammonia nitrate project in Odisha
L&T Energy Hydrocarbon Onshore has won a large order from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonia-Nitrate project in Odisha. According to the company's project classification, the order is valued between Rs 2,500 crore to Rs 5,000 crore.
L&T bags 'large' BCGCL order for coal-to-chemicals plant in Odisha, 2,000 TPD capacity
Larsen & Toubro has secured a landmark deal to develop a state-of-the-art coal-to-ammonium nitrate facility in Odisha, poised to deliver 2,000 tonnes of ammonium nitrate daily. This venture not only bolsters India's aspirations for enhanced coal gasification but also reduces dependency on imports, perfectly aligning with the Aatmanirbhar Bharat initiative.
Bharat Coking Coal slides as Q4 PAT tanks 59% YoY to Rs 27 cr
Bharat Coking Coal tanked 5.35% to Rs 33.94 after its standalone net profit slipped 58.97% to Rs 27.28 crore in Q4 FY26 as against Rs 66.50 crore in Q4 FY25.
Bharat Coking Coal share price falls over 5% after Q4 results - Mint
Bharat Coking Coal share price falls over 5% after Q4 resultsMint
Bharat Coking Coal shares decline 4% after weak Q4 results; Co reports revenue drop, operating loss
Bharat Coking Coal has also revised prices of its washed coking coal. The board has also approved the mechanism of import parity pricing. In-line with its MoU with SAIL, the company's board approved the price of washed coking coal, effective from April 1, 2206 for the first quarter of this fiscal.
Q4 Results LIVE Updates: L&T Tech profit below Street estimates but margin improves
Q4 Results Live Updates: Result reactions are dominating market proceedings in Wednesday's trading session. HCLTech is the top loser on the Nifty 50 with a 9% drop after a disappointing quarter and an equally disappointing guidance for the new financial year. HCLTech's fall has also pressured the entire IT space. Along with HCLTech, Transformers & Rectifiers is also down over 10% and is the top loser on the Nifty 500. Along with these, Bharat Coking Coal, Delta Corp, L&T Technology Services, Havells India, Oracle Financial and Maharashtra Scooters will also be reporting their numbers today. Watch this space for all the Live earnings updates, management commentary and a lot more.