Shares of Godawari Power & Ispat were locked in the upper circuit of 5 per cent at Rs 1,777.65, also its new high, on the BSE in intra-day trade on Wednesday after reporting strong earnings for the quarter ended June 2021 (Q1FY22).
The company reported an over 16-fold year-on-year (YoY) jump in its standalone net profit at Rs 403 crore, on the back of healthy operational performance. It had reported a profit of Rs 25 crore in the year-ago quarter.
