The Sesa Goa share was lifted to a 52-week high of Rs 159.70 on Monday as institutions were thronging the counter. The scrip closed on the BSE at Rs 156.80, up 11.25 per cent.
The stock eased from a high to Rs 156.50, still above its previous close by 11.03 per cent. It had reached a low of Rs 139 earlier.
A volume of 3.41 lakh shares was registered on the BSE. Sesa Goa has now risen 174.5 per cent from a 52-week low of Rs 57 on November 7, 2002.
Dealers say institutions are actively pursuing the counter of the Goa-based mining major following talks that the company may bag a large export order from China. The company is promoted by Ilva Laminati Piani of Italy.
