2024-12-12 10:32:04 am | Source: Accord Fintech
Godawari Power and Ispat moves higher on entering into agreement with GAIL (India)

Godawari Power and Ispat is currently trading at Rs. 246.25, up by 12.15 points or 5.19% from its previous closing of Rs. 234.10 on the BSE.

The scrip opened at Rs. 238.85 and has touched a high and low of Rs. 253.60 and Rs. 235.55 respectively. So far 303742 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 253.60 on 12-Dec-2024 and a 52 week low of Rs. 131.60 on 20-Mar-2024.

Last one week high and low of the scrip stood at Rs. 253.60 and Rs. 205.80 respectively. The current market cap of the company is Rs. 16567.16 crore.

The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 8.96% and 27.54% respectively.

Godawari Power and Ispat has entered into an agreement with GAIL (India) and exchanged the document at Raipur on December 10, 2024 for supply of Regasified Liquefied Natural Gas (RLNG) for Company's upcoming pellet plant in the ordinary course of business for a period of 7 years.

Godawari Power and 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.

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