Metals Stock To Consider Special Dividend, Stock Split On Aug 7; Shares Zoom 285% In 2-Yrs

Board of Directors of mid cap stock operating in metals & ferrous sector Godawari Power & Ispat Ltd will meet on August 7, 2024 to consider special dividend and stock split/sub-division of equity share. Last trading price of Godawari Power & Ispat share on BSE is Rs 1097.95 per share with gain of 5.36% in trade today. Godawari Power and Ispat shares gave return of 102% in last 1-year and zoomed 49% in last 6-months. The company's market capitalisation stood at Rs 14,926.08 crore. Check key details pertaining to Godawari Power & Ispat Ltd's latest announcement:

Godawari Power & Ispat Ltd To Consider Special Dividend: According to the BSE filing of Godawari Power & Ispat issued as on July 29, 2024, "a meeting of the Board of Directors of the Godawari Power & Ispat Limited is scheduled to be held on Wednesday the 7th August, 2024, inter alia to consider and approve the payment of Special Dividend on the occasion of 25th Anniversary of the company."

Godawari Power & Ispat Ltd To Consider Stock Split: The BSE filing added, "to consider the proposal for sub-division/Split of equity share of face value of Rs. 5 each of the Company in such manner as may be determined by the Board of Directors."

Godawari Power & Ispat Share Performance: The 52-week high price of Godawari Power & Ispat share on BSE is Rs 1222.95 per share (as on 16/07/2024) and 52-week low price is Rs 533.05 per share (as on 28/07/2023), respectively. Godawari Power & Ispat shares jumped 285% in last 2-years, gained 151% in last 3-years, and rose 2308% in last 5-years.

Godawari Power & Ispat About: Godawari Power & Ispat Ltd. (GPIL) a public Ltd. Co., formally Ispat Godawari Ltd (IGL), was incorporated in 1999 to set up an integrated steel plant with captive power generation, which is an integrated steel manufacturer and is having dominant presence in the long product segment of the Steel industry, mainly into mild steel wire. Today, GPIL is an end-to-end manufacturer of mild steel wires. In the process, the company manufactures sponge iron, billets, Ferro alloys, captive power, wires rods (through subsidiary company), steel wires, Oxygen gas, fly ash brick and last but not the least pallets, according to its official website.

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