Power Grid Corporation of India Limited (NSE: POWERGRID)
India
· Delayed Price · Currency is INR | Market Cap | 3.03T |
| Revenue (ttm) | 458.12B |
| Net Income (ttm) | 157.12B |
| Shares Out | 9.30B |
| EPS (ttm) | 16.89 |
| PE Ratio | 19.30 |
| Forward PE | 18.93 |
| Dividend | 11.25 (3.57%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 25,404,097 |
| Open | 316.00 |
| Previous Close | 315.05 |
| Day's Range | 313.00 - 326.75 |
| 52-Week Range | 208.25 - 366.25 |
| Beta | 0.35 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 4, 2024 |
About 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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
POWERGRID Q2 FY25 Results: Revenue flat at ₹11,277.76 crore, Profit grows marginally to ₹3,793.02 crore
Power Grid Corporation of India Ltd (POWERGRID) has released its financial results for the second quarter of FY 2024-25, showcasing steady performance. The company reported total revenue from operatio...
Key Q2 FY24-25 results to watch today: Power Grid Corp, Tata Steel, Apollo Hospitals, Jindal Steel, Gujarat Gas, Chambal Fertilizers and more
Several notable companies are set to announce their Q2 FY24-25 results today, and investors will be keen to analyze the performance across different sectors. Here’s a list of key companies releasing t...
Stock Market update: Mahindra & Mahindra, Sun Pharmaceutical among Nifty 50 top losers today
The Indian benchmark equity indices, the BSE Sensex and the NSE Nifty50, both closed in the red on Wednesday. The BSE Sensex dropped 138.74 points (0.17 percent) to 80,081.98. On the other hand, the N...
Power Grid Corporation wins major inter-state transmission system project
Power Grid Corporation of India Limited has been declared the successful bidder for a significant inter-state transmission system project. The project, titled “Transmission system for evacuation of po...
Diwali stock pick: JM Financial expects Power Grid Corporation to rise 17% to ₹383 in the next 6-12 months
JM Financial has recommended Power Grid Corporation of India Ltd. (PGCIL) as a Diwali stock pick, with a target price of ₹383, indicating a potential upside of 17%. As India’s largest power transmissi...
This State’s Power Grid Leads the Country in Both Clean Energy and Pollution
24/7 Wall St. Insights To mitigate the effects of climate change, the Biden Administration is aiming to make the U.S. power grid emissions free by 2035. However, state governments have broad discretio...
JMFS Research Diwali Stock Picks for 2024: Key Stocks to Watch
As part of the Diwali 2024 stock picks, JMFS Research has provided in-depth analysis of various stocks, including Reliance Industries, Power Grid Corporation, Bajaj Finance, ICICI Lombard, Jindal Stee...
Power Grid Corporation acquires PFC Consulting subsidiaries
Power Grid Corporation of India Limited (PGCIL) has successfully acquired the wholly-owned subsidiaries of PFC Consulting Limited in a strategic move to bolster its operational capabilities and expand...
Top Gainers Today (October 10, 2024): Kotak Mahindra Bank, HDFC Bank lead market surge
On October 10, 2024, the stock market saw notable gains with Kotak Mahindra Bank leading the top gainers, surging by 3.84% to close at ₹1,870.00. Following closely was HDFC Bank, which gained 1.71%, e...
Block trades worth crores executed in Zomato, Power Grid Corp, Reliance, Bank of Baroda and others
Today, several significant block trades were executed on the NSE, involving major companies from various sectors. Here’s a breakdown of the notable trades: Kajaria Ceramics Ltd: A block trade worth Rs...
Power Grid Corporation secures major transmission system contract in Rajasthan
Power Grid Corporation of India Limited (POWERGRID) has recently informed exchanges that the company has emerged as the successful bidder for a transmission system project in Rajasthan. The project, g...
Top Nifty Gainers: NTPC up 2.49%, BEL 2.16%, PowerGrid 2.03%, M&M 1.73%, Kotak Bank 1.74% lead the charge with strong gains
As of 11:03 AM IST, several Nifty stocks are witnessing strong upward momentum, with NTPC, BEL, and PowerGrid leading the pack. The broader market sentiment remains positive, pushing multiple large-ca...
Power Grid Corporation: 50.42 lakh shares change hands in ₹167.64 crore block deal
On October 10, 2024, Power Grid Corporation of India (PowerGrid) witnessed a significant block deal with 5,042,526 shares traded at a price of ₹332.45 per share, amounting to a total transaction value...
Most active stocks by volume on NSE: Tata Steel, HDFC Bank, ONGC, Power Grid, SBI and more
Here are the most active stocks by trading volumes on the National Stock Exchange (NSE) today: Tata Steel: Tata Steel topped the volume charts, trading over 5.38 crore shares. The stock closed slightl...
Transformers and Rectifiers shares surge 3% after securing order worth Rs Rs 565 crore
Transformers and Rectifiers shares jumped more than 3% in morning trade after the company won a substantial order valued at Rs ₹565 crore from Power Grid Corporation of India Limited. The order includ...