Godawari Power & Ispat Ltd Reaches All-Time High, Outperforms Sector by 4.52%

Jun 03 2024 09:24 AM IST
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Godawari Power & Ispat Ltd, a midcap company in the iron and steel industry, has reached an all-time high price on June 3rd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMojo. Today, it hit a new 52-week high and has outperformed the sector by 4.52%. The stock has been trading higher than its moving averages and has shown a gain of 3.73% in the iron and steel sector. With a strong performance and positive outlook, Godawari Power is definitely one to watch out for.

Godawari Power & Ispat Ltd, a midcap company in the iron and steel industry, has recently reached an all-time high price on June 3rd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

Today, the stock hit a new 52-week high of Rs.1010.4 and has outperformed the sector by 4.52%. It has also been gaining for the past two days, with a 11.11% increase in returns during this period. The stock opened with a gain of 4.52% and touched an intraday high of Rs.1010.4.

The stock has been highly volatile today, with an intraday volatility of 6.49%. It has been trading at a constant price of Rs.1010.4 since the opening. Godawari Power is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the iron and steel sector, Godawari Power has shown a gain of 3.73%. In the past year, the company has performed exceptionally well with a 169.98% increase, while the Sensex has only shown a 21.41% increase.

Overall, Godawari Power & Ispat Ltd has been showing strong performance and has gained the attention of investors. With its consistent growth and positive outlook in the iron and steel industry, the company is definitely one to watch out for.
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