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Goa Carbon stock more than doubles in 15 days

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Capital Market

Shares of Goa Carbon jumped 4.63% at Rs 242, extending its gains for 15th day in a row.

At its current level, shares of Goa Carbon are up 104.56% in fifteen trading sessions from its recent closing low of Rs 118.30 hit on 30 March 2020.

Goa Carbon informed about the resumption of operations at its Paradeep unit located at Village Udayabata, Paradeepgarh, District Jagatsinghpur, Odisha, after taking necessary health and safety measures given the ongoing COVID-19 crisis. The announcement was made after market hours yesterday.

Goa Carbon manufactures calcine and refines, process and deals in raw and calcined petroleum coke and other by-products. The company also utilizes waste gases for industrial uses.

 

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First Published: Apr 24 2020 | 9:13 AM IST

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