Godawari Power and Ispat Ltd
NSE:GPIL
During the last 3 months Godawari Power and Ispat Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 11% over this period (open performance analysis).
The last transaction was made on
Mar 4, 2023
by
Pratap Agrawal
(Managing Director)
, who
bought
140.9m INR
worth of GPIL shares.
During the last 3 months Godawari Power and Ispat Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 11% over this period (open performance analysis).
The last transaction was made on
Mar 4, 2023
by
Pratap Agrawal
(Managing Director)
, who
bought
140.9m INR
worth of GPIL shares.
Godawari Power and Ispat Ltd
Glance View
In the heart of India’s rapidly growing industrial sector lies Godawari Power and Ispat Ltd., weaving its narrative amid the rich tapestry of the nation’s steel industry. Founded as a relatively unassuming player, Godawari Power has morphed into a formidable force, skillfully navigating the complexities of mining, energy, and manufacturing. The company operates an integrated steel manufacturing facility, producing everything from iron ore pellets and sponge iron to finished steel products. This vertical integration allows them to optimize cost efficiency and maintain greater control over quality, enabling a seamless transition from raw material to refined product. Their journey through the supply chain doesn’t merely end here: they capitalize on their captive iron ore and coal mines, ensuring they are sheltered somewhat from supply chain disruptions and fluctuations in raw material costs. Moreover, Godawari Power and Ispat Ltd. complements its steel operations with a diversified energy portfolio. By generating power through captive plants as well as tapping into renewable sources, they reinforce their operational stability. This focus on power generation not only secures their internal energy needs but also creates an avenue for additional revenue streams by supplying surplus electricity to the national grid. Through this dual lens of steel production and energy generation, Godawari Power achieves a robust business model, harnessing both scale and synergy. Their story is emblematic of strategic foresight, combining the legacy strengths of traditional steel production with an adaptable approach to energy management, mirroring broader industrial trends within India’s economic landscape.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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