With today's gains, Godawari Power extended its winning streak to the ninth consecutive session, delivering gains of over 29 percent during the period.
Just Dial recorded healthy rally with robust volumes for yet another session, forming strong bullish candlestick pattern on the daily timeframe. The stock traded above all key moving averages, which is a positive sign.
Godawari Power stock has given a return of 34.73 percent over the last six months.
Godawari Power’s consolidated revenue from operations declined to Rs 1,316.59 crore from Rs 1,437.93 crore in the year-ago period. Profit at Rs 169.57 crore was lower than Rs 406.52 crore in the March quarter of the previous year
On March 18, the board of Godawari Power & Ispat approved the plan to buy back shares worth up to Rs 250 crore, through the tender offer route.