- By Aditya Pratap Singh
- Fri, 03 Apr 2026 06:31 PM (IST)
- Source:JND
The shares of small cap metal mining and power company 'Godawari Power and Ispat' will be in focus when equity market will start trading on Monday as the company has informed that receiving of the ‘Consent to Operate’ from the Chhattisgarh Environment Conservation Board for its 6.91 MW waste heat recovery-based power plant located at its integrated steel facility in Siltara Industrial Area, Raipur.
Meanwhile, the company's shares remained highly volatile during this week in line with the trend in the stock market. On Thursday, the shares settled at Rs 275, down Rs 3.65 or 1.31 per cent.
Receives Consent To Operate
In a recent exchange filing, the company said that it has received consent for a heat recovery-based power plant.
“The Company has received Consent to Operate on 2nd April, 2026, from Chhattisgarh Environment Conservation Board for a 6.91 MW Capacity Waste Heat Recovery Based Power Plant by utilisation of Waste Heat of flue gas generated from Pellet Plant and Ferro Alloys Division situated at the company's existing Integrated Steel plant at Siltara Industrial Area, Raipur, Chhattisgarh," said the company said in an exchange filing.
"We wish to inform you that the said plant has started its trial run/testing phase w.e.f. 2nd April, 2026 and it is expected to commence commercial operations by the end of April, 2026,” the exchange filing added.
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Share Price History
On NSE, the stock soared over 600 per cent in 5 years, while in a year it rose over 30 per cent. Meanwhile, this year to date, the company's shares jumped over 3 per cent. In a month, it rose over 10 per cent. The company's shares remained flat in the last five trading sessions. In the last three years, the stock jumped by over 280 per cent.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.