Goa Carbon tumbles after poor quarterly earnings Capital Market / 14:33 , Jan 11, 2011 Goa Carbon plunged 6.34% to Rs 83.50 at 14:32 IST on BSE, after net profit slumped 67.8% to Rs 2.80 crore on 0.97% rise in net sales to Rs 79.83 crore in Q3 December 2010 over Q3 December 2009. The company declared its results during trading hours today, 11 January 2011. Meanwhile, the BSE Sensex was up 99.79 points, or 0.52%, to 19,323.91. On BSE, 1.26 lakh shares were traded in the counter compared with the average volume of 21,443 shares in the past one quarter. The stock hit a high of Rs 92.95 and a low of Rs 82.80 so far during the day. The stock had hit a 52-week high of Rs 130.40 on 4 February 2010 and a 52-week low of Rs 82.05 on 10 December 2010. The small-cap stock had outperformed the market over the past one month till 10 January 2011, gaining 6.70% compared with the Sensex's 1.46% fall. It had underperformed the market in past one quarter, declining 16.45% as against 5.07% decline in the Sensex. The company has an equity capital of Rs 9.20 crore. Face value per share is Rs 10.
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