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Goa Carbon surges on resuming operations at Goa unit

Goa Carbon is currently trading at Rs. 216.00, up by 4.80 points or 2.27% from its previous closing of Rs. 211.20 on the BSE.

The scrip opened at Rs. 220.95 and has touched a high and low of Rs. 220.95 and Rs. 210.15 respectively.

The BSE group ‘T’ stock of face value Rs. 10 has touched a 52 week high of Rs. 623.70 on 17-Dec-2018 and a 52 week low of Rs. 203.00 on 26-Aug-2019.

Last one week high and low of the scrip stood at Rs. 227.00 and Rs. 210.25 respectively. The current market cap of the company is Rs. 193.27 crore.

The promoters holding in the company stood at 59.72%, while Institutions and Non-Institutions held 0.05% and 40.23% respectively.

Goa Carbon has resumed operations at its Goa Unit located at St. Jose De Areal, Salcete on November 17, 2019. Earlier, the company had temporary shut-down the operations at its Goa plant for maintenance work.

Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

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