Godawari Power and Ispat is currently trading at RS 249.95, up by 2.90 points or 1.17% from its previous closing of RS 247.05 on the BSE.

The scrip opened at RS 247.05 and touched an intraday high and low of RS 252.00 and RS 246.50, respectively. So far, 40,979 shares have been traded on the counter.

The BSE Group ‘A’ stock, with a face value of RS 1, has touched a 52-week high of RS 290.00 on 29-Oct-2025 and a 52-week low of RS 145.55 on 03-Mar-2025. Over the past one week, the scrip recorded a high of RS 252.00 and a low of RS 228.80. The company’s current market capitalization stands at RS 16,714.74 crore.

Promoters hold 63.51% stake in the company, while Institutional investors hold 9.06% and Non-Institutional investors hold 27.44%.

Meanwhile, Godawari Power and Ispat has stepped up its focus on battery manufacturing by increasing the capacity of its Battery Energy Storage System (BESS) project from 10 GWh to 40 GWh, involving a total investment of RS 1,625 crore. The project will be executed through its wholly owned subsidiary, Godawari New Energy (GNEPL), following approval from the company’s board of directors.

The project will be implemented in two phases. Phase 1 will expand capacity from 10 GWh to 20 GWh with an investment of RS 1,025 crore during FY26–27, while Phase 2 will further increase capacity from 20 GWh to 40 GWh in FY28–29 with an additional investment of RS 600 crore. Commercial operations for Phase 1 capacity of 20 GWh are expected to commence in Q1 FY2027–28. The project will be funded through a mix of debt raised by GNEPL and equity infusion by the company from internal accruals in one or more tranches.

Earlier, the board had approved setting up a BESS manufacturing unit with an initial capacity of 10 GWh at a cost of RS 700 crore. The decision to enhance capacity to 20 GWh in a single line is driven by improved land utilization, lower building and structural costs, and reduced overall investment. The company also expects lower manufacturing costs and improved operating margins due to the single-unit setup.

Godawari Power and Ispat is engaged in the production of sponge iron, steel billets, ferro alloys, HB wires, oxygen, fly ash bricks, and also operates in the power generation business.