The BSE Sensex, meanwhile, was up 23 points, or 0.15 %, to 14,942 off from the low of 14592 on volatile trade.

On BSE, 71,816 shares were traded on the counter today. The scrip had an average daily volume of 24,695 shares in the past one quarter.

Shares of India's largest exporter of iron ore in the private sector had hit a high of Rs 1947 and a low of Rs 1801 so far during the day. The stock had touched a 52-week high of Rs 2025 on 27 February 2007 and a 52-week low of Rs 927 on 1 September 2006.

Sesa Goa had outperformed the market over the last one month to 28 August 2007, rising 3.82% compared to the Sensex’s fall of 2.24%. It had also outperformed the market over the past quarter, rising 11.72% compared to the Sensex’s rise of 3.52%.

From a recent high of Rs 1826.80 the scrip declined 6.86% to Rs 1701.45 on 17 August 2007. The scrip bounced back since then to Rs 1873.10.

The company's current equity is Rs 39.36 crore. Face value per share is Rs 10.

The current price of Rs 1926.55 discounts its Q1 June 2007 annualised EPS of Rs 115.1 by a PE multiple of 16.73.

Miner Vedanta Resources' open offer to buy a further 20 % in Indian iron ore exporter Sesa Goa will open on 31 August 2007, its advisor ICICI Securities said on Wednesday 29 August 2007. In April 2007, Vedanta agreed to buy a 51% stake in Sesa Goa from Japan's Mitsui & Co for $981 million, or Rs 2,036 a share, and said it would launch an open offer to buy an additional 20% stake at the same price. The offer closes on 19 September 2007.

Net profit of Sesa Goa declined 10.95% to Rs 118.86 crore on 4.52% rise in sales to Rs 454.18 crore in Q1 June 2007 over Q1 June 2006.