Sesa Goa plunges 5% on temporary mining ban in Goa

Sesa Goa dropped on Tuesday after the Goa government ordered temporary shutdown of all 90 iron ore mines in the state following the Shah Commission report, which was tabled in Parliament last week, exposed a scam to the tune of Rs 350 billion in Goa"s iron ore mines. Shares ofthe companyare trading at Rs 160.85, down Rs 8.8, or 5.19% at the Bombay Stock Exchange (BSE) on Tuesday at 10:22 a.m.The scrip has touched an intra-day high of Rs 163.45 and low of Rs 160. The total volume of shares traded at the BSE is 439,711.In the earlier session, the shares fell 0.24%, or Rs 0.40, at Rs 169.65. Currently, the stock is trading down 40.43% from its 52-week high of Rs 270 and above 8.17% over the 52-week low of Rs 148.70.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 170.30 (0.65) (0.38) 1 Month 190.95 (21.30) (11.15) 3 Months 187.25 (17.60) (9.40) 6 Months 205.25 (35.60) (17.34) 1 Year 222.15 (52.50) (23.63) Note: Based on previous day closing price.