Shares of Goa Carbon, engaged in the manufacture and sale of calcined petroleum coke, jumped over 7% on Wednesday after the company has resumed operations at Paradeep Unit located at Vill. Udayabata, Paradeepgarh, Dist, Jagatsinghpur, Odisha.
The Kiln has been lit up from today. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume shortly, the company said.
Shares of Goa Carbon are trading at Rs 350, up Rs 24.15, or 7.41% at the Bombay Stock Exchange (BSE) on Wednesday at 12:54 p.m.
The scrip has touched an intra-day high of Rs 352 and low of Rs 327. The total volume of shares traded at the BSE is 27,859.In the earlier session, the shares climbed 6.04%, or Rs 18.55, at Rs 325.85.
Currently, the stock is trading down 5.91% from its 52-week high of Rs 363.50 and above 140.51% over the 52-week low of Rs 142.20.