Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

Godawari Power & Ispat consolidated net profit rises 184.95% in the September 2021 quarter

During the July-September period, the total consolidated income also increased to Rs 1,277.03 crore, from Rs 967.49 crore in the corresponding quarter of the previous fiscal, GPIL said in a regulatory filing.

Godawari Power and Ispat Q2 net profit jumps over two-fold to Rs 267 crore

Triveni Turbine Ltd, Sequent Scientific Ltd, Godawari Power & Ispat Ltd and eClerx Services Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 October 2021.

Transport Corporation of India Ltd leads gainers in ‘A’ group

KEI Industries Ltd, Jagran Prakashan Ltd, Hikal Ltd and Godawari Power & Ispat Ltd are among the other gainers in the BSE’s ‘A’ group today, 26 October 2021.

H.G. Infra Engineering Ltd leads gainers in ‘A’ group

Board of Godawari Power & Ispat approves change in Chairman

Godawari Power's board has approved a stock split in the ratio 1:2 and they have also withdrew a couple of proposals as well. To discuss this and more, we speak with Abhishek Agrawal, the Executive Director of the company

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #AbhishekAgrawal #GodawariPower

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

For latest news and updates visit our Website: https://bit.ly/2YbpXBM
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

Abhishek Agrawal Speaks On Godawari Power's Stock Split & More | Chartbusters | CNBC-TV18

The company’s shareholders will consider the bonus share, stock split issue and others in an EGM scheduled for October 14, 2021.

Bonus shares, stock splits among others drive Godawari Power & Ispat on D-Street; Stock locks at 5% upper circuit

Earlier in May this year, the company’s board had approved a proposal for divestment of its entire shareholdings in GGEL, subject to the approval of the shareholders of the Company, being a non-core business and utilize the proceeds towards repayments of its outstanding debts.

Godawari Power & Ispat board nods withdrawal of divestment proposal of stakes held in GGEL

Godawari Power & Ispat share opened with a gain of 5% at Rs 1,269.90. It was stuck at the same level throughout the trading session

Godawari Power share hits upper circuit of 5% after board approves stock split

Following the announcement, shares of the small-cap company hit an upper circuit of 5% at Rs 1269.90 on the BSE.

Godawari Power hits the roof after board OKs stock-split, bonus issue

The Board of Directors of Godawari Power & Ispat in its meeting approved the proposal for sub-division of equity share of face value of Rs 10 each of the company into 2 equity shares of Rs 5 each.

Godawari Power Share Price Hits Upper Circuit After Board Approves Stock Split

Godawari Power and Ispat Limited is engaged in the business of manufacturing the trading of iron ore pellets, sponge iron, steel billets, hard bright (H.B.) wires and generation of power.

Godawari Power and Ispat Ltd

Godawari Power and Ispat Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Godawari Power & Ispat consolidated net profit rises 184.95% in the September 2021 quarter

Godawari Power and Ispat Q2 net profit jumps over two-fold to Rs 267 crore

Transport Corporation of India Ltd leads gainers in ‘A’ group

H.G. Infra Engineering Ltd leads gainers in ‘A’ group

Board of Godawari Power & Ispat approves change in Chairman

News Video

Abhishek Agrawal Speaks On Godawari Power's Stock Split & More | Chartbusters | CNBC-TV18

Bonus shares, stock splits among others drive Godawari Power & Ispat on D-Street; Stock locks at 5% upper circuit

Godawari Power and Ispat Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Godawari Power & Ispat consolidated net profit rises 184.95% in the September 2021 quarter

Godawari Power and Ispat Q2 net profit jumps over two-fold to Rs 267 crore

Transport Corporation of India Ltd leads gainers in ‘A’ group

H.G. Infra Engineering Ltd leads gainers in ‘A’ group

Board of Godawari Power & Ispat approves change in Chairman

News Video

Abhishek Agrawal Speaks On Godawari Power's Stock Split & More | Chartbusters | CNBC-TV18

Bonus shares, stock splits among others drive Godawari Power & Ispat on D-Street; Stock locks at 5% upper circuit

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock