Motilal targets Rs 380 on Godawari Power & Ispat

posted by   marketsguru (63)   12 months ago (marketsguru.com)

Motilal Oswal has initiated coverage on Godawari Power and Ispat with a ‘buy’ recommendation and target price of Rs 380, an upside of 44.5 per cent from the current levels. Godawari Power and Ispat recently doubled capacity of sponge iron to 495,000 tonne a year and that of steel billets to 400,000 tpa. Captive power capacity...