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Sesa Goa stock recede on being ordered to stop the activity at metallurgical coke plant

Vedanta Ltd. | Metal - Non Ferrous | Metals & Mining | BSE: 500295 | NSE: VEDL

30 Aug 2012 Evaluate

Sesa Goa is currently trading at Rs 171.85, down by 0.75 points or 0.43% from its previous closing of Rs 172.60 on the BSE.

The scrip opened at Rs 170.50 and has touched a high and low of Rs 174.65 and Rs. 167.80 respectively. So far 347255 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 270.00 on 17-Feb-2012 and a 52 week low of Rs 148.70 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 194.15 and Rs 172.00 respectively. The current market cap of the company is Rs 14948.54 crore.

The promoters holding in the company stood at 55.13% while Institutions and Non-Institutions held 30.53% and 14.35% respectively.

Sesa Goa has received directions from Goa State Pollution Control Board (GSPCB) to stop the activity of the metallurgical coke plant (expansion) due to two incidents of soot emissions owing to misfiring by two high capacity burners during commissioning of second battery of its metallurgical coke plant (expansion) on August 17- 18, 2012. The company has received the directions from GSPCB on August 29, 2012.

The company has intimated GSPCB that the root cause of the soot emissions were immediately addressed and necessary corrective actions have already been taken.

The company has registered a fall of 66.17% in its net profit at Rs 227.66 crore for the quarter under review as compared to Rs 672.98 crore for the same quarter in the previous year. The total income of the company has decreased by 17.47% at Rs 1511.76 crore for Q1FY13 as compared Rs 1831.68 crore for the corresponding quarter previous year.

Vedanta Share Price

787.60 4.85 (0.62%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Hindalco	1038.95
Vedanta	787.60
Hindustan Zinc	592.35
Jain Resource Recycl	420.90
Gravita India	1639.80
View more..

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Sesa Goa stock recede on being ordered to stop the activity at metallurgical coke plant

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