Goa Carbon informed the exchanges post market hours Wednesday that the maintenance work at the Company's Paradeep Unit located at Vill. Udayabata, Paradeepgarh, Dist. Jagatsinghpur, Odisha has been completed and the Kiln has been lit up.
The stock surged ~5% today on this news.
After preliminary heat up, feeding of raw material will commence and normal production is likely to resume from 20th December 2019.
Stock view:
Goa Carbon Ltd is currently trading at Rs211.85 up by Rs8.6 or 4.23% from its previous closing of Rs203.25 on the BSE.
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