India's Goa Carbon hits over 2-month high as June qtr profit jumps

Goa Carbon

12/07/2022 10:34

** Shares of calcined petroleum coke maker Goa Carbon
 GOAC.NS  rise as much as 6.6% to 495 rupees, their highest
since May 5
    ** GOAC's June quarter profit jumps to 144.8 mln rupees
($1.82 mln) vs 1.2 mln rupees a year ago (nFWN2YS48I)
    ** Co's revenue from operations spikes 64% to 2.05 bln
rupees from a year ago
    ** More than 560,000 shares change hands, about 11 times
their 30-day avg of 53,230 shares
    ** Stock up 23% YTD



($1 = 79.6000 Indian rupees)
    
    

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com;))