Published on 8/01/2018 1:20:26 PM | Source: Dion Global Solutions Ltd

Goa Carbon hits upper circuit on strong Q3

Shares of Goa Carbon soared 5 per cent and locked in upper circuit on the Bombay Stock Exchange after the company reported net profit of Rs 22.50 crore in Q3 December 2017, as compared to net loss of Rs 0.93 crore in Q3 December 2016. Driven by strong Q3, shares of the company gained as much 5.00 per cent and touched an intra-day high of Rs 1061.05 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 5.00 per cent higher at Rs 1,063.25 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 34,354.51, up 200.56 points, or 0.59 per cent, at 12:45 hours.