Automobile Corporation of Goa Ltd to lay off workers

Automobile Corporation of Goa Ltd's units situated at Honda, Sattari, Goa (SMD Unit-l) and Bhuimpal, Sattari, Goa (BBD Unit-II) are not in the position for continuing operations due to poor business situation and non-availability of production orders. Hence, the workmen of both units of the Company will be laid off with effect from 1st October, 2020 to 7th October, 2020.

Shares of AUTOMOBILE CORPORATION OF GOA LTD. was last trading in BSE at Rs.328 as compared to the previous close of Rs. 328.6. The total number of shares traded during the day was 69 in over 5 trades.

The stock hit an intraday high of Rs. 330 and intraday low of 323. The net turnover during the day was Rs. 22444.

Source : Equity Bulls

Keywords