Goa Carbon soars on resuming operations at Paradeep Unit
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Goa Carbon is currently trading at Rs. 538.10, up by 15.00 points or 2.87% from its previous closing of Rs. 523.10 on the BSE.
The scrip opened at Rs. 525.40 and has touched a high and low of Rs. 549.10 and Rs. 524.00 respectively. So far 7800 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 683.45 on 18-Nov-2022 and a 52 week low of Rs. 391.80 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 549.10 and Rs. 511.15 respectively. The current market cap of the company is Rs. 494.43 crore.
The promoters holding in the company stood at 59.72%, while Institutions and Non-Institutions held 0.01% and 40.27% respectively.
Goa Carbon has resumed the operations at the Company's Paradeep Unit located at Village Udayabata, Paradeepgarh, District Jagatsinghpur, Odisha. The kiln has been lit up from November 15, 2023. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume shortly. Earlier, the company had temporarily shut down operations at its Paradeep Unit for maintenance work from October 28, 2023.
Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke.
