India's Godawari Power gains after gas supply agreement with GAIL

Godawari Power And Ispat

12/12/2024 04:59

** Shares of Godawari Power and Ispat  GDPI.NS  rise 6.1% to
248.48 rupees
    ** The iron and steel products maker enters into agreement
with GAIL (India)  GAIL.NS  for supply of regasified liquefied
natural gas for its upcoming pellet plant for 7 years
    ** Trading vols at 9.5 mln, 4.9x 30-day average
    ** Stock set to gain for ninth straight session 
    ** GDPI up ~64% YTD

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))