23 Jun 2026
Birla Corporation started commercial coal output at its 0.36 MTPA Bikram mine in Shahdol, Madhya Pradesh, feeding its captive power and cement plants.
Captive coal shields cement margins from pet coke and market coal price swings, though 0.36 MTPA meets only a small share of fuel needs.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.