Power Grid Corporation of India Limited (NSE: POWERGRID)

India flag India · Delayed Price · Currency is INR
315.80
-5.85 (-1.82%)
Dec 20, 2024, 3:30 PM IST
35.22%
Market Cap 2.94T
Revenue (ttm) 458.12B
Net Income (ttm) 157.12B
Shares Out 9.30B
EPS (ttm) 16.89
PE Ratio 18.70
Forward PE 18.34
Dividend 11.25 (3.56%)
Ex-Dividend Date Nov 14, 2024
Volume 13,973,155
Open 321.30
Previous Close 321.65
Day's Range 313.60 - 325.60
52-Week Range 226.05 - 366.25
Beta 0.35
Analysts n/a
Price Target n/a
Earnings Date Feb 5, 2025

About NSE: POWERGRID

Power Grid Corporation of India Limited, an electric power transmission utility, engages in the transmission of power in India and internationally. The company operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of June 30, 2024, it owned and operated 1,77,790 circuit kilometers of transmission lines, as well as 278 substations with transformation capacity of 5,28,761 mega volt ampere. The company also provides consultancy services, including power system planning and techno-economic feasibility stu... [Read more]

Sector Utilities
Founded 1989
Employees 8,316
Stock Exchange National Stock Exchange of India
Ticker Symbol POWERGRID
Full Company Profile

Financial Performance

In 2023, POWERGRID's revenue was 458.43 billion, an increase of 0.53% compared to the previous year's 456.03 billion. Earnings were 155.73 billion, an increase of 0.99%.

Financial Statements

News

Nifty 50 top losers today on December 18: Tata Motors, Power Grid, Bharat Electronics and more

Indian stock markets witnessed a decline for the third consecutive session today, with both benchmark indices, BSE Sensex and Nifty 50, experiencing significant losses. The Sensex plunged by 502.25 po...

3 days ago - Business Upturn

Power Grid approves Rs 4,250 crore bond issue to fund infrastructure projects

Power Grid Corporation of India Limited (POWERGRID) has announced the approval for raising ₹4,250 crore through bonds on a private placement basis, marking a significant move to support its financial ...

3 days ago - Business Upturn

Power Grid wins two major transmission projects in Tamil Nadu and Karnataka

Power Grid Corporation of India Limited has recently informed exchanges that the company has won bids for two major inter-state transmission system (ISTS) projects under the Tariff Based Competitive B...

9 days ago - Business Upturn

100-bed hostel, teaching block to come up at Gurgaon women’s college

Gurgaon: A 100-bed girls' hostel and a teaching block will be constructed at Government Women's College in Sector 14 under the Power Grid Corporation .

9 days ago - The Times of India

Nifty 50 top losers today on 29 November: Power Grid, Shriram Finance, Hero MotoCorp and more

On November 29, 2024, Indian equity indices made a strong recovery, erasing losses from the previous trading session. Both the Nifty 50 and Sensex ended the day with notable gains, signaling investor ...

22 days ago - Business Upturn

KEC International shares hit an all-time high today – Know More

Shares of KEC International surged to a record high of ₹1,094.70 during today’s trading session before settling at ₹1,067.60, up 4.35% from the previous close. The rally followed the announcement of s...

24 days ago - Business Upturn

KEC International shares surge 5% on Rs 1,704 crore turnkey orders from PGCIL

KEC International’s shares rose by 5% after the company announced securing significant turnkey orders worth ₹1,704 crores in its Transmission & Distribution (T&D) segment. These orders were awarded by...

24 days ago - Business Upturn

Stock to watch today: KEC International secures Rs 1,704 crore turnkey orders in Transmission & Distribution business

KEC International Ltd., a leading global infrastructure EPC company and part of the RPG Group, has secured major turnkey orders worth ₹1,704 crores in its Transmission & Distribution (T&D) business. T...

24 days ago - Business Upturn

Hitachi Energy India shares surge 7% on major HVDC contract win

Hitachi Energy India shares soared by 8% following the announcement of a significant contract win in partnership with Bharat Heavy Electricals Limited (BHEL). The consortium has been awarded a project...

26 days ago - Business Upturn

BHEL shares jump 2% on major HVDC project win

Bharat Heavy Electricals Ltd (BHEL) shares gained 2% after announcing a consortium partnership with Hitachi Energy India Ltd to secure a key contract for high-voltage direct current (HVDC) terminal st...

26 days ago - Business Upturn

Power Grid wins bid for transmission project

Power Grid Corporation secured a bid for a transmission project to evacuate 3.5 GW of power from Rajasthan's Renewable Energy Zone. The project involves building a substation, transmission lines acros...

26 days ago - The Times of India

Power Grid Corporation of India wins bid for Rajasthan REZ Ph-IV Transmission Project

The project involves the development of a 765/400 kV substation at a strategic location near Ghiror in the Mainpuri district of Uttar Pradesh.

26 days ago - Business Upturn

Hitachi Energy India to execute HVDC link for POWERGRID’s renewable energy project

The ±800 kV, 6,000 MW bi-pole and bi-directional HVDC link will span over 1,200 kilometers and is part of India’s ambitious renewable energy plans, as it feeds into the 500 GW renewable evacuation and...

26 days ago - Business Upturn

Nifty 50 top gainers this week: Power Grid, Mahindra, UltraTech Cement and more

After a challenging previous session, the Indian stock market roared back to life on Friday, with benchmarks Sensex and Nifty 50 posting significant gains. The Sensex surged 1,961 points (2.54%) to cl...

4 weeks ago - Business Upturn

Nifty 50 top gainers today on 21 November: Power Grid, UltraTech Cement and Hindalco Industries lead the rally

Indian benchmark equity indices, Sensex and Nifty 50, experienced a downturn on Thursday, driven by a significant decline in Adani Group stocks. This was triggered by the indictment of Adani Group’s b...

4 weeks ago - Business Upturn

Power Grid Corporation of India market cap surges by Rs 6,518 crore – Know More

Power Grid Corporation of India witnessed a positive trading session today, with its share price increasing by 2.22%, closing at Rs 322.05 compared to the previous close of Rs 315.05. This uptick in s...

4 weeks ago - Business Upturn

Power Grid shares surge nearly 2% after acquisition of Khavda V-A Power Transmission

Power Grid Corporation’s stock rose nearly 2% following the successful acquisition of Khavda V-A Power Transmission Limited (KVAPTL) on November 19, 2024. The acquisition, part of the Tariff-Based Com...

4 weeks ago - Business Upturn

Power Grid Corporation acquires Khavda V-A Power Transmission Limited for Rs 18.95 crore

The acquisition was completed with an aggregate value of about ₹18.95 Crore, including 50,000 equity shares at par (₹10 each) along with the assets and liabilities of the company. The acquisition is s...

4 weeks ago - Business Upturn

Power Grid Corporation’s market cap declines by Rs 930 crore today

Shares of Power Grid Corporation of India dropped by 0.29% today, from ₹318.00 to ₹312.60. This decrease resulted in an estimated market cap reduction, bringing the company’s total market cap to appro...

5 weeks ago - Business Upturn

Power Grid Share Price: Macquarie initiates outperform on Power Grid with target at Rs 380, indicating 18% upside

Macquarie has initiated an outperform rating on Power Grid Corporation of India, setting a target price of ₹380, which suggests a potential upside of 18% from the current market price (CMP) of ₹322.65...

5 weeks ago - Business Upturn

Macquarie initiates coverage on PFC, REC, NTPC and Powergrid; Check target prices

In its latest report titled “Charging up: Harnessing the benefits of a good cycle,” Macquarie has highlighted the promising outlook for India’s electric utilities and power lenders. With energy transi...

5 weeks ago - Business Upturn

REC Limited completes sale of Bikaner Power Transmission subsidiaries to Power Grid Corporation of India

REC Limited, through its wholly-owned subsidiary REC Power Development & Consultancy Limited (RECPDCL), has successfully completed the sale of its two subsidiaries, Bikaner A Power Transmission Limite...

5 weeks ago - Business Upturn

Nifty 50 top gainers today on 11 November: Power Grid, Trent and HCL Tech lead the charge

The Indian stock markets closed on a mixed note at the end of a volatile Monday session, with both the BSE Sensex and NSE Nifty50 indices showing minimal movement. The BSE Sensex, India’s benchmark eq...

5 weeks ago - Business Upturn

How are NIFTY 50 stocks trading today? Know More

As of 11:17 AM, the Nifty 50 index showed positive movement, climbing 0.71% to reach 24,320.35 points, marking an increase of 172.15 points. Here’s a closer look at the performance of the top 50 compa...

5 weeks ago - Business Upturn

Power Grid Corporation of India shares fall nearly 2% after Q2 results miss estimates

Shares of Power Grid Corporation of India Limited (PGCIL) dropped nearly 2% following the announcement of its second-quarter financial results. As of 10:20 am, the stock was trading 1.30% lower at ₹31...

6 weeks ago - Business Upturn