Multibagger Stock Alert! Mining Stock Jumps 10.5% in 2 Weeks, Delivers 300% Returns in 3 Yrs | Do You Own?

Multibagger Stock Alert: Shares of Godawari Power and Ispat Limited have witnessed sharp volatility over the past five trading sessions, coinciding with the release of strong mining production data for FY26 and a fresh business update from the company.

Godawari Power and Ispat share price closed 0.38% lower at Rs 277.1 per share on BSE with a market capitalisation of Rs 18,603.52 crore on Thursday, April 3. The stock had touched an intraday high of Rs 279.70 per share and an intraday low of Rs 267.90 per share. The stock had jumped close to 10% in Wednesday's trading session.

Godawari Power and Ispat Receives Nod To Operate Power Plant In Chattisgrah

Godawari Power and Ispat Limited received approval from Chhattisgarh Environment Conservation Board to operate 6.91 MW Capacity Waste Heat Recovery Based Power Plant.

The company has received approval to run the plant by utilising waste heat of flue gas generated from pellet plant and ferro alloys division located at company's existing Integrated Steel plant in Raipur, Chhattisgarh, as per the company's latest BSE filing.

Godawari Power Releases FY26 Mining Production Data

The company reported a sharp jump in its mining production for the financial year 2025-26. The company's iron ore mining production stood at 27.49 tonnes for financial year 2025-26, which was higher than 23 mt reported in FY25.

"We are pleased to inform you that our company has achieved highest ever production in iron ore mining and value-added steel products during the financial year 2025-26," read the BSE filing.

Iron ore pellets production also saw a sharp uptick to 28.56 mt in FY 26 against 24.49 mt reported in the previous financial year.

Godawari Power Share Price Trend

The stock touched a 52-week high mark of Rs 290 per share on October 29, 2025. The stock dipped to its 52-week low mark of Rs 170 per share on April 7, 2025. Godawari Power and Ispat stock has a return on equity (ROE) of 18.65%.

The scrip has delivered 10.46% return in two weeks against Sensex's 1.2% decline in the same duration. The scrip has jumped 37% in one year and has delivered 297.39% returns in three years.

What Does Technical Analysis Say?

Godawari Power and Ispat Limited has a durability score of 50, which indicates Medium Financial Strength, as per Trendlyne analysis based on the company's financial performance, stable revenues, cash flows, and low debt.

The stock has a valuation score of 35 which indicates. As per Trendlyne analysis, a high valuation score, greater than 50, indicates the stock is competitively priced at current P/E, P/BV and share price. The consensus recommendation by Trendlyne for Godawari Power and Ispat share price is 'Buy' with a target price of Rs 275 per share.