Archive · 16 Sep 2025
Godawari Power Shares Dip After Record High, BSE Seeks Clarification
Godawari Power's stock price recently reached its highest point, but then dropped slightly.
This happened after the company announced a meeting to discuss raising money.
The stock's price movement prompted the BSE to seek clarification.
The company's shares had a significant increase the previous day.
The company operates in the steel and electricity sectors.
It is important to note that the company's stock price is higher than the 5, 10, 20, 50, 100 and 200 day moving averages.
Godawari Power shares fell over 2% on Tuesday after hitting an all-time high.
The stock's biggest single-day gain in six months occurred the previous day.
The company's board will consider raising funds on September 18, 2025.
BSE has requested clarification from Godawari Power regarding trading volume.
The company operates in the steel and electricity sectors.
- Who
- Godawari Power & Ispat Ltd
- What
- Share price decreased after hitting all-time high.
- When
- September 16, 2025
- Where
- BSE
- Why
- Profit booking after a rally and announcement of a board meeting regarding fund raising.
- Company
- Godawari Power & Ispat Ltd
- Stock Price (September 16)
- Rs 263.50
- Previous Close
- Rs 270.35
- Market Cap
- Rs 17,778 crore
- 52-Week Low
- Rs 145.55 (March 3, 2025)
- Board Meeting
- September 18, 2025, to discuss fund raising
Sources
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