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'Buy' Godawari Power For An Upside Of 28%, Says Yes Securities; Upgrades Target Price; Here's Why

Yes Securities' outlook on the company remains positive, with confidence that Jammu Pigments’ growth initiatives will not disrupt the momentum of Godawari Power’s core business operations.

<div class="paragraphs"><p>Earlier this month, Godawari Power and Ispat  announced the acquisition of a 51% stake in Jammu Pigments for a consideration of ~Rs 2,550 million. (Photo Source: Company website)</p></div>
Earlier this month, Godawari Power and Ispat announced the acquisition of a 51% stake in Jammu Pigments for a consideration of ~Rs 2,550 million. (Photo Source: Company website)
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