Godawari Power And Ispat Ltd.

BSE: 532734 | NSE: GPIL
Small Cap | Steel & Iron Products
241.20
-1.30 (-0.54%)
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Godawari Power restarts partial operations due to favorable market conditions

Date: 15-12-2016

Godawari Power & Ispat has restarted partial operations in Steel Melting Shop, Captive Bio Mass Power Plant, Steel Rolling Mill & Wire Drawing Units in line with the slight improvement in the price realization and market demand.

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.