Godawari Power & Ispat Outperforms Sector Amid Broader Market Decline

Godawari Power & Ispat, a midcap player in the steel, sponge iron, and pig iron industry, has shown significant activity today, gaining 5.42% on May 13, 2025. This performance has allowed the stock to outperform its sector by 4%. Over the past three days, Godawari Power has demonstrated a strong upward trend, accumulating a total return of 13.1%.
The stock reached an intraday high of Rs 198.75, reflecting a 4.52% increase during the trading session. Notably, Godawari Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust short- to long-term performance.

In the broader market context, the Sensex has experienced a decline, falling by 259.32 points to 81,990.28, which is a 0.53% decrease. Despite this, Godawari Power & Ispat has maintained a strong performance relative to the index, with a 1-day performance of 5.55% compared to the Sensex's -0.50%. Over the past year, the stock has delivered a return of 12.17%, closely aligning with the Sensex's performance of 12.70%.