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ManufacturingMedium impactPre-market

NCLT approves merger for Godawari Power subsidiary

pre-market1 source ↓written by the desknot a recommendation

Godawari Power and Ispat Ltd received NCLT approval for the merger of its wholly owned subsidiary, Godawari Energy Limited. This strategic move aims to enhance operational efficiency and align with global standards for sustainable growth. Following the announcement, shares of Godawari Power traded in the green, reflecting positive market sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Mar 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GPIL closed −5.0% on the day of the news, from ₹264.70 to ₹251.55; Nifty −2.1% over the same session.

Bulletin at 07:04 IST on 13 Mar 2026. Every change is measured from ₹264.70, the last close before it, on 12 Mar. Nifty 50 is measured over the same sessions.

  • GPIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GPIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it230.50264.70298.90axis spans 30%before the news · 12 Mar264.70Nifty 50GPILbulletinD0+1+3+56 Mar18 Mar30 MarReference close ₹264.70. 16 sessions from 6 Mar to 30 Mar; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 Mar₹264.70basebase
On the day13 Mar₹251.55▼ −5.0%▼ −2.1%−2.9 pp difference
+1 session16 Mar₹249.15▼ −5.9%▼ −1.0%−4.9 pp difference
+3 sessions18 Mar₹260.10▼ −1.7%▲ +0.6%−2.3 pp difference
+5 sessions20 Mar₹262.65▼ −0.8%▼ −2.2%+1.4 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.69 on 13 Mar
Day's range, % · ₹
5.8%≈ 15 high to low
Volume on the day
1.74×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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