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Goa Carbon surges post May production & sales figures

The stock surged 20% to Rs 100, also its 52-week high on the National Stock Exchange.

Goa Carbon surges post May production & sales figures

SI Reporter Mumbai
Goa Carbon has surged 20% to Rs 100, also its 52-week high on the National Stock Exchange (NSE), after the company reported total production of 19,977 MT (in value Rs 26.13 crore) of calcined petroleum coke for the month of May 2016.

The company had reported total production of 3,558 MT (in value Rs 6.37 crore) of calcined petroleum coke for the month of May 2015.

Total sales stood at 13,860 MT (in value Rs 26.34 crore) in May 2016 against 9,848 MT (Rs 20.27 crore) in the same month last year, Goa Carbon said in a statement.

At 09:50 AM, the stock was up 19% at Rs 99.70 on the NSE. The trading volumes on the counter jump multiple-folds with a combined 2.05 million shares changed hands on the BSE and NSE so far.
 
 

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First Published: Jun 07 2016 | 9:53 AM IST

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