Goa Carbon restarts production at unit in Chhattisgarh

FREE EQUITY TIPS|GOA CARBON RESTARTS:-

Goa Carbon has now informed the BSE that operations at the Company's Bilaspur Plant in Chhattisgarh have commenced from December 27, 2016. They had informed the exchange about the temporary shutdown of the unit in a letter dated December 5, 2016. 
Goa Carbon Ltd is currently trading at Rs 107.3, up by Rs 4.5 or 4.38% from its previous closing of Rs 102.8 on the BSE.
The scrip opened at Rs 108.65 and has touched a high and low of Rs 109.8 and Rs 105.5 respectively. So far 253061(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 94.06 crore.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 141 on 06-Oct-2016 and a 52 week low of Rs 62.1 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 106.45 and Rs 99.05 respectively.
The promoters holding in the company stood at 60.09 % while Institutions and Non-Institutions held 0.14 % and 39.76 % respectively.
The stock is currently trading below its 50 DMA.

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