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GODAWARI POWER & ISPAT LTD.GODAWARI POWER & ISPAT LTD.GODAWARI POWER & ISPAT LTD.

GODAWARI POWER & ISPAT LTD.

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GPIL trade ideas

NSE : GPIL- Godawari Power & Ispat Ltd is train about to leave?NSE:GPIL ⚙️ Godawari Power & Ispat specializes in Iron Ore Mining, Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys manufacturing and Electricity generation. 🏞️ Captive Iron Ore Mines: The company operates two captive mines- Ari Dongri Mine & Boria Tibu Mine, providing 85% of its iron ore needs. 🛠️ Capacity as of FY22: Includes 2 Iron Ore (4.2 MTPA), Iron Ore Pellet (2.8 MTPA), Sponge Iron (0.5 MTPA), Billet (0.4 MTPA), MS Rounds (0.6 MTPA), HB Wires (0.17 MTPA), Ferro Alloys (16,500 TPA), Pre-Fab Structures (0.11 MTPA), and Power (73 MW). 🚀 Expansion: The CECB approved the enhanced capacity of Iron Ore Pellet Plant from 24,00,000 TPA to 27,00,000 TPA. 💰 Capex: As of Nov 2022, expansion and improvement projects are underway with the iron ore mining & beneficiation facilities, sponge iron, power plant turbines, and more. 🔑 Jagdamba Power Plant Acquisition: Acquired as on 7th June 2022. 📈 Future Plans: GPIL plans to set up a greenfield integrated steel plant with a capacity of 1.5-2MT of flat products, costing around INR 4,0000 million over the next three-to-five years. 📉 Promoters Pledge: Promoters pledge shareholding reduced from 32.51% in June’21 to NIL as of 25th April’22. 💱 Export Duty: The government's new export duty has led to a drop in domestic iron ore price and GPIL's pellet realisation. 💼 Stake Purchase: Acquired 37,79,220 equity shares of Alok Ferro Alloys Limited (AFAL) as of 28 June 2022. 🌐 Future Vision: The company plans to enhance Iron Ore Mining Capacity to 5MnT over the next 2-3 years and then to 9MnT over the next 5-7 years. 🔄 Stake Sale in Subsidiary-Ardent Steel Ltd: GPIL reduced its stake in ASL from 76.34% to 37.85%, retaining management control. The proceeds will be used for debt reduction. 🌞 Power Subsidiary-Godawari Green Energy: This solar plant located at Jaisalmer, Rajasthan, has been operational since FY14, with a fixed price PPA with NTPC Vidyut Vyapar Nigam for 25 years. Disc: Invested as part of the steel basket
NSE:GPILLong
by Peaceful-Weekend-Investing
Godawari Power Future Multibagger.Godawari Power : Fundamentals : Company has reduced debt. Company is expected to give good quarter Company has delivered good profit growth of 82.92% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 39.10% Technicals: Created base around 230-250, getting bounce from these levels, can accumlate some at CMP and more if it comes near 230-250. Can add more above ATH. Also bounced from 100 Period MA Investors can hold without SL, if one must, SL is 170 Closing basis. Saptarish Trading.
NSE:GPILLong
by diliplp
1
GPIL Bullish looking in 3 HTF!#The Pattern is a simple Support and Resistance Points to Look: 1.The Channel Pattern is slanted downwards, this pattern has a high success rate! 2.Inside the pattern the recent trend is Bullish (Bullish Candle) 3.There is 'W' shape recovery(21 July 2022 to Now) in the trend which is also a good bullish sign. 4.There is a chance of CONSOLIDATION and tern break-out! be patient, also given the approx. Entry Prize in the chart. 5.Despite all this wait for a confirmation bullish candle above 20EMA in 1 DTF tomorrow and then take the position. $Happy Trading Mates$
NSE:GPILLong
by AxionAjay