India's Goa Carbon rises after resuming operations at unit

Goa Carbon

02/01/2025 04:05

** Shares of Goa Carbon Ltd  GOAC.NS  rise as much as 9.7%
to 763.70 rupees
    ** Calcined petroleum coke maker says that operations at
Bilaspur unit have resumed, production has been normalized from
Jan. 1
    ** Stock on track to snap 2 weeks of losses; has gained 7.2%
so far this week
    ** More than 268,000 shares traded as of 9:33 a.m. IST, 3.3x
their 30-day moving avg
    ** GOAC last up 7%; fell 18.6% in 2024 
    
    

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))