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Despite posting poor earnings numbers, shares of country's leading producer and exporter of iron ore, Sesa Goa gained over 2 per cent on the Bombay Stock Exchange.
The company in its statement to BSE has said that it has witnessed a fall of 20.50 per cent in its consolidated net profit at Rs 1,162.11 crore for the fourth quarter ended March 31, 2012.
Unaffected by earning numbers, stocks of the company started the day on positive note and witnessed a gain of as much as 2.54 per cent to Rs 187.50 a piece on BSE.
However, there was little volume of trade with 1.91 lakhs shares changing hands till now compared to average of 4.10 lakhs shares in daily trade on BSE.
In a similar fashion, shares of the company were trading at Rs 185.35, up 1.65 per cent on the National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 17,231.63, up 24.34 points or 0.14 per cent at 10.40 hours.
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