Godawari Power & Ispat rose 1.30% to Rs 194.70 at 14:24 IST on BSE on receiving government approval for diversion of 106.60 hectare of forest land for Ari Dongri Iron Ore Mines in Bhanupratappur forest division in Kanker, Chhattisgarh.
The stock hit a high of Rs 206.90 and a low of Rs 192 so far during the day. The stock had a 52-week high of Rs 376.50 on
The company has an equity capital of Rs 28.07 crore. Face value per share is Rs 10.
The current price of Rs 194.70 discounts its Q4 March 2008 annualised EPS of Rs 41.08, by a PE multiple of 4.74.
Godawari Power and Ispat (GPIL)’s net profit rose 141.3% to Rs 28.83 crore on 139% increase in net sales to Rs 263.41 crore in Q4 March 2008 over Q4 March 2007.
The company is engaged in manufacturing steel intermediate products like sponge iron and ferro alloys and finished long steel products like billets, wire rods and mild steel wires, which find application in the construction and infrastructure sectors. The group operates in three segments namely steel, electricity and others.
No comments:
Post a Comment