SesaGoa is currently trading at Rs. 281.50, up by 6.75 points or 2.46% from its previous closing of Rs. 274.75 on the BSE.
The scrip opened at Rs. 275.60 and has touched a high and low of Rs. 283.10 and Rs. 275.10 respectively. So far 2,00,000 shares were traded on the counter.
The BSE group 'A' stock of face value Re. 1 has touched a 52 week high of Rs. 494.30 on 08-Apr-2010 and a 52 week low of Rs. 220.55 on 07-Mar-2011.
Last one week high and low of the scrip stood at Rs. 283.10 and Rs. 263.45 respectively. The current market cap of the company is Rs. 23995.89 crore.
The promoters holding in the company stood at 55.73% while Institutions and Non-Institutions held 28.84% and 15.43% respectively.
Recently, Sesa Goa, the largest exporter of iron ore, has acquired the assets of the upcoming steel plant unit of Bellary steel & alloys (BSAL) for an all cash consideration of Rs. 220 crore. The secured creditors to BSAL represented by IFCI had taken over possession of properties of the BSAL in association with the official liquidator. IFCI then conducted sale process for the asset of the BSAL under the SARFAESI Act, 2002.
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