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