India, April 15 -- The shares of this small cap company majorly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of electricity were in focus after signing an agreement with a Chinese company for the supply of cells.

With the market capitalization of Rs. 20,171 crores, the shares of Godawari Power & Ispat Ltd reached an intraday high of Rs. 302.35 per share raising upto 5 percent from its previous day close of Rs. 289.15 per share and is trading at a P/E of 27.2 whereas industry P/E stands at 20.7.

What is the news Godawari Power & Ispat Ltd wholly owned subsidiary GNEPL has entered into a 5-year agreement with EVE Ene...