Goa Goa Carbon plunges on reporting net loss of Rs 7.49 crore in Q1FY14

08 Jul 2013 Evaluate

Goa Carbon is currently trading at Rs. 66.90, down by 2.80 points or 4.02% from its previous closing of Rs. 69.70 on the BSE.

The scrip opened at Rs. 68.15 and has touched a high and low of Rs. 68.15 and Rs. 66.20 respectively. So far 6713 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.40 on 16-Jul-2012 and a 52 week low of Rs. 63.20 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 71.60 and Rs. 66.60 respectively. The current market cap of the company is Rs. 61.22 crore.

The promoters holding in the company stood at 59.95% while Institutions and Non-Institutions held 0.04% and 40.00% respectively. Goa Carbon, the second largest manufacturer of Calcined Petroleum Coke has reported its result for the first quarter ended June 30, 2013.

The company has reported a net loss of Rs 7.49 crore in Q1FY14 as compared to a net loss of Rs 6.71 crore in the same quarter previous year. The company’s income from operation has decreased by 25.74% to Rs 41.63 crore in quarter under review as against Rs 56.06 crore in the corresponding quarter last year.

Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the matallurgical and chemical industries.

 The company’s income from operation has decreased by 25.74% to Rs 41.63 crore in quarter under review  Goa Carbon is currently trading at Rs. 66.90, down by 2.80 points or 4.02% from its previous closing of Rs. 69.70 on the BSE.

The scrip opened at Rs. 68.15 and has touched a high and low of Rs. 68.15 and Rs. 66.20 respectively. So far 6713 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.40 on 16-Jul-2012 and a 52 week low of Rs. 63.20 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 71.60 and Rs. 66.60 respectively. The current market cap of the company is Rs. 61.22 crore.

The promoters holding in the company stood at 59.95% while Institutions and Non-Institutions held 0.04% and 40.00% respectively. Goa Carbon, the second largest manufacturer of Calcined Petroleum Coke has reported its result for the first quarter ended June 30, 2013.

The company has reported a net loss of Rs 7.49 crore in Q1FY14 as compared to a net loss of Rs 6.71 crore in the same quarter previous year. The company’s income from operation has decreased by 25.74% to Rs 41.63 crore in quarter under review as against Rs 56.06 crore in the corresponding quarter last year.

Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the matallurgical and chemical industries.

 

Goa Carbon Share Price

640.20 5.45 (0.86%)
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