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Showing posts with label calcined petroleum coke. Show all posts
Showing posts with label calcined petroleum coke. Show all posts
Goa Carbonis a Dempo group company and one of the largest manufacturer of Calcined Petroleum Coke (CPC)in India.CPC is mainly used in Aluminium Industry. Company exporting major portion of its production and ‘Pechiney’the French aluminium major(Now part of Alcan Group) is the major customer of it.Due to sharp crash in metal prices worldwide on account of economic recession ,company has some bad quarters.But it returned to profitability in December qtr with an EPS of Rs.10/- in that single qtr.CPC demand is expected to improve further which will help the company in future.Goa carbon is planning to came out with a rights issue to part finance its new project in China .On completion of this project company will be one of the largest player in this region itself. Watch it.CMP is Rs.111/-
