Godawari Power And Ispat Ltd.

Godawari Power & Ispat is currently trading at Rs. 192.00, up by 11.55 points or 6.40% from its previous closing of Rs. 180.45 on the BSE.

The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 192.00 and Rs. 180.35 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.00 on 07-Mar-2019 and a 52 week low of Rs. 120.60 on 26-Aug-2019.

Last one week high and low of the scrip stood at Rs. 200.95 and Rs. 178.60 respectively. The current market cap of the company is Rs. 635.84 crore.

The promoters holding in the company stood at 67.36%, while Institutions and Non-Institutions held 3.96% and 28.68% respectively.

Godawari Power & Ispat has commenced commercial production at Rolling Mill and Iron Ore Beneficiation Plant with effect from February 25, 2020. These facilities will help company sale valued added products.

Earlier, Chhattisgarh Environment Conservation Board has granted its consent to Godawari Power & Ispat (GPIL), to operate the Rolling Mill with a capacity of 4 lakh Tonnes Per Annum and Iron Ore Beneficiation Plant with capacity of 10 lakh tons per annum under Water (Prevention and Control of Pollution) Act, 1974 and Air (Prevention and Control of Pollution ) Act 1981.

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.