India's Godawari Power hits record high on buyback plan

Godawari Power And Ispat

10/06/2024 08:46

** Shares of Godawari Power and Ispat  GDPI.NS  jump 7.2% to
a record high of 1,045 rupees
    ** Stock up as much as 11.6% earlier in the session
    ** The power co said it would consider a share buyback
proposal when the board meets on June 15 
    ** GDPI eyes busiest trading session since early-April,
volumes at 3.6x the 30-day avg 
    ** Including session's gains, stock up ~38% YTD vs ~13% rise
in Nifty 500 index  .NIFTY500  

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))