http://sify.com/finance/fullstory.php?id=13896927
In the financial sense, Goa Carbon has "more shine". But the plant of this Dempo-run firm at San Jose de Areal (just outside Margao, now part of the city) has long been criticised for the pollution problems it has been causing there! FN -------- Forwarded Message -------- Goa Carbon: Rights buzz adds more shine Saturday, 16 July , 2005, 09:31 Goa Carbon on Friday scaled a new year-high price on the BSE at Rs 167.85 on the market buzz that the company is likely to reward the existing shareholders by way of rights issue at a low premium. The board is meeting on July 23 to consider capital issue and the results for quarter ended on June 30, 2005. However, the quantum of the issue and the price were not mentioned in the agenda, as indicated to the stock exchanges. According to analysts, the company is expected to announce markedly improved results in view of a rise in price of its finished product calcined petroleum coke and lower freight cost in the last few months. The counter closed higher by 19.44 per cent at Rs 167.10 with a traded quantity of 2.93 lakh shares on the BSE.