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Goa Carbon declines on getting directive for closure of its Paradeep plant

Goa Carbon Ltd. | Carbon Black | Chemicals & Fertilizers | BSE: 509567 | NSE: GOACARBON

25 Jul 2014 Evaluate

Goa Carbon is currently trading at Rs 92.80, down by 8.00 points or 7.94% from its previous closing of Rs 100.80 on the BSE.

The scrip opened at Rs 101.45 and has touched a high and low of Rs 102.30 and Rs 91.80 respectively. So far 102957 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 111.50 on 07-Jul-2014 and a 52 week low of Rs 47.00 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs 103.00 and Rs 85.40 respectively. The current market cap of the company is Rs 84.97 crore.

The promoters holding in the company stood at 60.09% while Institutions and Non-Institutions held 0.01% and 39.89% respectively.

Goa Carbon has received a Direction of Closure from the State Pollution Control Board, Odisha ordering closure of operations at the Company's Paradeep Plant located at Vill, Udayabata, Paradeep District Jagatsinghpur in Orissa. The closure notice is for non-compliance of stipulated by the Board and failure to implement the necessary pollution control measures under the Air Act, 1981 and Water Act, 1974.

The Paradeep Plant is currently not in operation since July 17, 2014 due to the shut-down taken for maintenance work and as such the closure order has been complied with. The Company is initiating necessary process to install the pollution control systems and is seeking time from the Board for the installations and other compliances.

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 metallurgical and chemical industries.

Goa Carbon Share Price

370.50 7.05 (1.94%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
PCBL Chemical	285.05
Himadri Speciality	493.15
Goa Carbon	370.50
Hi-Green Carbon
View more..

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Goa Carbon declines on getting directive for closure of its Paradeep plant

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