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Goa Carbon resumes operations at Bilaspur Unit; Stock ends ~5% higher

The Unit in Chhattisgarh was closed for maintenance activity since September 24, 2021.

October 26, 2021 3:40 IST | India Infoline News Service
Goa Carbon Limited (GCL) has resumed operations at Bilaspur Unit after it was temporarily shut down for maintenance work from September 24.

“The operations at the Company's Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chhattisgarh) has resumed. The Kiln has been lit up from yesterday. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume shortly,” the company said in a filing on Tuesday.

The company last week had resumed operations at St. Jose de Areal, Salcete-Goa after completing the maintenance work of the unit.

Goa Carbon Ltd stock trade on Tuesday ended at Rs386.65 per piece up by Rs17.85 or 4.84% from its previous closing of Rs368.80 per piece on the BSE.

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