NSE : GPIL- Godawari Power & Ispat Ltd is train about to leave?

2023年7月13日

GPIL

2. ⚙️ Godawari Power & Ispat specializes in Iron Ore Mining, Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys manufacturing and Electricity generation.
   
4. 🏞️ Captive Iron Ore Mines: The company operates two captive mines- Ari Dongri Mine & Boria Tibu Mine, providing 85% of its iron ore needs.
   
6. 🛠️ Capacity as of FY22: Includes 2 Iron Ore (4.2 MTPA), Iron Ore Pellet (2.8 MTPA), Sponge Iron (0.5 MTPA), Billet (0.4 MTPA), MS Rounds (0.6 MTPA), HB Wires (0.17 MTPA), Ferro Alloys (16,500 TPA), Pre-Fab Structures (0.11 MTPA), and Power (73 MW).
   
8. 🚀 Expansion: The CECB approved the enhanced capacity of Iron Ore Pellet Plant from 24,00,000 TPA to 27,00,000 TPA.
   
10. 💰 Capex: As of Nov 2022, expansion and improvement projects are underway with the iron ore mining & beneficiation facilities, sponge iron, power plant turbines, and more.
    
12. 🔑 Jagdamba Power Plant Acquisition: Acquired as on 7th June 2022.
    
14. 📈 Future Plans: GPIL plans to set up a greenfield integrated steel plant with a capacity of 1.5-2MT of flat products, costing around INR 4,0000 million over the next three-to-five years.
    
16. 📉 Promoters Pledge: Promoters pledge shareholding reduced from 32.51% in June’21 to NIL as of 25th April’22.
    
18. 💱 Export Duty: The government's new export duty has led to a drop in domestic iron ore price and GPIL's pellet realisation.
    
20. 💼 Stake Purchase: Acquired 37,79,220 equity shares of Alok Ferro Alloys Limited (AFAL) as of 28 June 2022.
    
22. 🌐 Future Vision: The company plans to enhance Iron Ore Mining Capacity to 5MnT over the next 2-3 years and then to 9MnT over the next 5-7 years.
    
24. 🔄 Stake Sale in Subsidiary-Ardent Steel Ltd: GPIL reduced its stake in ASL from 76.34% to 37.85%, retaining management control. The proceeds will be used for debt reduction.
    
26. 🌞 Power Subsidiary-Godawari Green Energy: This solar plant located at Jaisalmer, Rajasthan, has been operational since FY14, with a fixed price PPA with NTPC Vidyut Vyapar Nigam for 25 years.
    

Disc: Invested as part of the steel basket

2023年8月28日

註釋

Given some decent gain in short term, added small trance today....

disc: Invested , no recommendation

2023年8月30日

註釋

moved from 533 Rs to 600 close to over 15% in short time.... added few trances along the way

disc: invested , no recommendation

2023年8月31日

註釋

Train now reached 20% destination ...lets see how much steam left..

disc: Invested, added small position today...missed my automation alert

2023年9月4日

註釋

Train now reached 25% destination ...lets see how much steam left..
shared complete view on sector through video , check out SAIL
disc: Invested, will add on right opportunity

2023年10月6日

註釋

After every three red candles, there is a notable increase in the form of a large green candle in the recent trading trend.


Let's see if this buying comes

For the second consecutive week, it is likely to close below the key moving averages.
Next week, I will closely track
If no buying comes back.

I prefer to exit and later let the chart tell me when to re-eneter..

Fundamentals alone don't help to create profits and wealth in the market. unless the chart also speaks the same language.

disc: invested for now and no recommendation

2023年10月18日

註釋

back in action , add one trance today
disc: invested , trading play

2023年12月17日

註釋

Going strong so far

2024年1月1日

註釋

coming out of the range breakout???

added trance
I have traded in and out

disc: having in short term portfolio , any commodity player is always in my PWI Lab portfolio