Multibagger Stock Alert: BSE 500 Firm Surges 628% in 5 Years, Bags Key Energy Storage Deal

Multibagger Stock Alert: Godawari Power and Ispat shares saw heightenef volatility after the firm secured key supply deal in energy storage.

Godawari Power and Ispat shares ended marginally lower at Rs 291.45 per share on BSE on Friday, April 24. The latest move comes through subsidiary Godawari New Energy Private Limited, which is advancing a large Battery Energy Storage System project. The subsidiary is working on a 20 GWII BESS plan in Sambhajinagar. The new agreement is seen as the first concrete step in this scale-up, giving the project an operational starting point.

Godawari Power and Ispat shares and the new Shanghai Shenyi Roche Energy agreement
Godawari New Energy Private Limited announced that it signed a supply agreement with Shanghai Shenyi Roche Energy Technology Limited on 23 April 2026. Under this contract, Roche Energy will provide the Balance of System for a 5 MWh DC Block. The supply will come on a CKD basis, supporting assembly and localisation efforts in India.

The 5 MWh DC Block is viewed as the pilot stage for the 20 GWII BESS roadmap in Sambhajinagar. Through this tie-up, Godawari New Energy Private Limited aims to secure an efficient and reliable supply chain. The arrangement is expected to support quality control while the company gradually scales production for grid, source, and user-side storage.

Godawari Power and Ispat shares, energy storage design support and sector footprint
Roche Energy brings experience in energy storage design, material sourcing, manufacturing, and technology support. The collaboration covers diverse storage applications, including grid-connected solutions and user-end systems. This partnership is expected to strengthen manufacturing capabilities for Godawari Power and Ispat and expand the company's presence in India's growing energy storage sector.

On the market side, Godawari Power and Ispat shares are trading close to their 52-week peak. The 52-week high stands at ₹310.40, and recent moves have stayed just below this mark. The price action suggests persistent positive sentiment, even as broader indices remain volatile and risk appetite in equities has weakened.

Trading on 24 April showed active interest in Godawari Power and Ispat shares. The stock opened at Rs 297.30 and touched an intraday high of Rs 297.85. During the session, it slipped to a low of Rs 291.90. The previous close was Rs 294.25, so the stock displayed a mild upward bias despite intraday swings.