The company is currently functioning at 75 percent capacity utilisation, says Jagmohan Chhabra, ED, Goa Carbon.
The company is targeting capacity utilization of 70-75 percent and expects to maintain its margins this year, says Shrinivas Dempo, Chairman, Goa Carbon.
Speculations of a stake sale in Goa Carbon was doing the rounds. However, Shrinivas Dempo, Chairman of the company denied any news of a stake sale. He tells CNBC-TV18, the company is sitting on a cash surplus generated from its divestment project and therefore, the company is not looking to tie up with any strategic investor.