Meanwhile, the BSE Sensex was up 211.68 points, or 1.32%, to 16,234.16.

On BSE, 39.76 lakh shares were traded in the counter as against an average daily volume of 14.92 lakh shares in the past one quarter.

The stock hit a high of Rs 325.30 and a low of Rs 304.25 so far during the day. The stock had hit a record high of Rs 494.30 on 8 April 2010. It had hit a 52-week low of Rs 150.30 on 9 June 2009.

The stock had underperformed the market over the past one month till 25 May 2010, declining 29.85% compared with the Sensex's 9.45% decline. It underperformed the market in past one quarter, falling 18.36% as against 1.43% fall in the Sensex.

The large-cap iron ore exporter has an equity capital of Rs 85.97 crore. Face value per share is Rs 1.

The stock had lost 20.4% in six trading sessions to Rs 309.80 on 25 May 2010 from a recent high of Rs 389.30 on 17 May 2010 as global mining and metal shares witnessed a sell-off recently on worries Europe's debt crisis could derail global economy recovery. Investors were also concerned that efforts by China to cool its economy including the central bank thrice raising banks' reserve requirement this year.

Sesa Goa's net profit rose 82.4% to Rs 964.33 crore on 36.6% increase in net sales to Rs 1834.01 crore in Q4 March 2010 over Q4 March 2009.