Sesa Goa declined 9.59% to Rs 3250 at 14:56 IST on BSE even after the Reserve Bank of India raised foreign institutional investment ceiling in the stock to 45% of its equity..
The stock hit a high of Rs 3544 and a low of Rs 3225 so far during the day. The stock had a 52-week high of Rs 3969 on
The company’s current equity is Rs 39.36 crore. Face value per share is Rs 10.
The current price of Rs 3250 discounts its Q3 December 2007 annualized EPS of Rs 500.72, by a PE multiple of 6.49.
Sesa Goa’s net profit rose 152.7% to Rs 492.71 crore on 99.4% growth in net sales to Rs 1172.38 crore in Q3 December 2007 over Q3 December 2006.
Sesa Goa, an iron ore mining company of the Vedanta group, has been involved in iron ore mining, beneficiation and exports besides. It is also into the manufacture of pig iron and metallurgical coke.
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