Goa Carbon resumes operations at Bilaspur unit; Stock gains ~1%

11 Jul 2022 , 10:36 AM

Goa Carbon Limited’s stock inches up during late morning trade on Monday after its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chhattisgarh) has resumed the operations.

As per the filing, the Kiln has been lit up from July 08, 2022. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume shortly, the company said.

At around 10:39 AM, Goa Carbon was trading at Rs426.35 per share up by Rs3.3 or 0.78% from its previous closing of Rs423.05 per share on the BSE.

The scrip opened at Rs425 and has touched a high and low of Rs430 and Rs420 respectively so far today. The current market cap of the company is Rs387.09cr.