Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Goa Carbon Shares Plunge 9.6% After Posting Loss in June Quarter

The company, which is in the business of manufacture and marketing of calcined petroleum coke, posted a loss of Rs 5 crore in the June quarter against a profit of Rs 7.4 crore in the same period last year

Trending Desk

Updated:July 10, 2019, 1:47 PM IST
facebookTwitter Pocket whatsapp

Goa Carbon Ltd shares plunged as much as 9.6% in intraday trade on Monday immediately after the company announced its June quarter earnings. Goa Carbon posted a loss of Rs 5 crore in the June quarter against a profit of Rs 7.4 crore in the same period last year.

The company’s operational performance was weak, too, as it saw an EBITDA (earnings before interest, tax, depreciation and amortization) loss of Rs 2.3 crore in the June quarter against an operating profit of Rs 14.6 crore in the corresponding period last fiscal year.

Goa Carbon’s revenue during the June quarter, however, increased by 11.4% to Rs 139 crore year-on-year.

At 3:30 pm, the Goa Carbon share price was quoting at Rs 326, down 3.8%. The stock had hit a low of Rs 306.80 during the day, its lowest level in 52 weeks. The stock also saw a spurt in trading volume by nearly three times than usual on bourses. Notably, the Goa Carbon stock has plunged more than 50% in the last one year.

Goa Carbon is in the business of manufacture and marketing of calcined petroleum coke. The company is a regular supplier to aluminium smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Yes Bank 56.25 0.45
SBI 316.70 -1.03
Indiabulls Hsg 258.95 -4.96
Maruti Suzuki 6,994.75 1.57
Reliance 1,572.60 1.14
Company Price Change %Gain
Yes Bank 56.20 0.36
Indiabulls Hsg 259.00 -4.92
SBI 316.75 -0.95
RBL Bank 334.95 -1.14
Reliance 1,572.55 1.13
Top Gainers
Company Price Change %Gain
BPCL 499.65 2.28
HDFC 2,311.40 2.06
Adani Ports 373.60 2.03
Axis Bank 732.00 2.01
JSW Steel 258.85 1.87
Company Price Change %Gain
HDFC 2,310.60 2.06
Axis Bank 731.95 2.01
Maruti Suzuki 6,997.25 1.68
Reliance 1,572.55 1.13
Hero Motocorp 2,378.00 0.66
Top Losers
Company Price Change %Gain
TCS 2,060.45 -2.97
Cipla 447.90 -1.66
HCL Tech 552.05 -1.47
Zee Entertain 284.15 -1.23
Larsen 1,276.00 -1.15
Company Price Change %Gain
TCS 2,060.70 -2.93
TML-D 66.50 -2.06
HCL Tech 551.60 -1.54
Larsen 1,276.90 -1.04
Tech Mahindra 750.55 -0.98

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results