Goa Carbon Ltd.

NSE: GOACARBON | BSE: 509567 | ISIN: INE426D01013 | Industry: Refineries/Petro-Products
| Mid-range Performer
471.8000 -16.65 (-3.41%)
NSE Apr 25, 2025 15:31 PM
Volume: 25,633
 

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Goa Carbon Ltd.
20 Jul 2018
471.80
-3.41%
Screener: Metals and petcoke companies see sharp share price falls

The Newly Affordable Stocks screener identifies financially healthy stocks that have fallen sharply in share price in the quarter. Many of these stocks are metal and chemical firms reacting to concerns on the overall market and raw material pricing. For example, with oil prices growing unpredictable, Goa Carbon has been hit by rising raw material prices. The company's share price as a result has fallen rapidly, despite stable Q1 results (results were despite plant shutdowns the company is facing). Dolly Khanna owned stock Thirumalai Chemicals has also taken a significant hit, with the share price over the quarter falling by more than 30%.

Thirumalai is a manufacturer of phthalic anhydride (PA) chemicals, and a major regulatory change may be on the horizon - the anti-dumping duty on imported PA, valid till December 2017, is under review. 

Goa Carbon Ltd. is trading below its 100 day SMA of 566.7
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