Godawari Power and Ispat is currently trading at Rs. 130.00, up by 6.00 points or 4.84% from its previous closing of Rs. 124.00 on the BSE.
The scrip opened at Rs. 129.90 and has touched a high and low of Rs. 130.00 and Rs. 129.90 respectively.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 138.10 on 08-Aug-2017 and a 52 week low of Rs. 54.00 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 130.00 and Rs. 116.05 respectively. The current market cap of the company is Rs. 458.07 crore.
The promoters holding in the company stood at 67.36%, while Institutions and Non-Institutions held 0.55% and 32.09% respectively.
Godawari Power and Ispat has been awarded additional 28,700 metric tonnes (MT) of Long-Term Coal Linkage in the coal linkage auction concluded on October 16, 2017 by Coal India (CIL) to be used in the company’s Sponge Iron Unit. With this additional quantity of coal linkage awarded to the company, the total coal linkage aggregates to 5,13,400 metric tonnes.
Recently, the company had been awarded 52,400 MT of Long-Term Coal Linkage in the recently concluded Coal Linkage Auction made by CIL.
Godawari Power & Ispat is engaged in the production of sponge iron, steel billets, ferro alloys, HB wires, oxygen, fly ash bricks and is also in the power business. GPIL is a flagship company of Raipur-based Hira Group of Industries, which is an integrated steel manufacturer and is having dominant presence in the long product segment of the steel industry; mainly into mild steel wire.
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