Godawari Power And Ispat Ltd.

BSE: 532734 | NSE: GPIL
Small Cap | Steel & Iron Products
241.20
-1.30 (-0.54%)
< Home < Back

Godawari Power and Ispat moves up on receiving environmental clearance for expansion project

Date: 03-12-2020

Godawari Power and Ispat is currently trading at Rs. 453.00, up by 11.60 points or 2.63% from its previous closing of Rs. 441.40 on the BSE.

The scrip opened at Rs. 450.20 and has touched a high and low of Rs. 454.30 and Rs. 445.10 respectively. So far 8413 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 445.95 on 02-Dec-2020 and a 52 week low of Rs. 81.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 445.95 and Rs. 397.70 respectively. The current market cap of the company is Rs. 1599.73 crore.

The promoters holding in the company stood at 67.50%, while Institutions and Non-Institutions held 0.20% and 32.29% respectively.

Godawari Power and Ispat has received environmental clearance from the Ministry of Environment, Forest and Climate Change (Impact Assessment Division), Government of India for expansion and modernization of existing manufacturing facilities along with integration of existing environmental clearances at exiting plant location at Sitara Industrial Area, Raipur.

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.