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Godawari Power & Ispat increases stake in Hira Ferro Alloys

25 Oct 2021 Evaluate

Godawari Power & Ispat has increased its shareholding from 50.72% to 52.79% in Hira Ferro Alloys with effective from October 22, 2021. Subsequent to allotment of these 9,00,000 equity shares of Hira Ferro Alloys, the company has increased its shareholding.

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.

Peers
Company Name CMP
JSW Steel 1236.20
Tata Steel 173.90
Steel Authority 168.65
Jindal Stainless 733.95
APL Apollo Tubes 2155.00
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