Steel stock in focus as company infuses Rs 50 crore into new energy subsidiary for battery project, details here
Mumbai: Shares of Godawari Power & Ispat Ltd (GPIL) are in focus as the company has announced a further investment of Rs 50 crore in its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL). Following this update, the stock started the trading session in green amid gains in benchmark indices Sensex and Nifty, as renewed optimism surrounding progress in restarting USโIran negotiations has helped ease immediate geopolitical concerns and driven crude oil prices lower. While the 30-share BSE Sensex was up by 619 points to 78,730.32, the 50-share NSE Nifty jumped 169.65 points to 24,400.95. Amid this, the counter opened…