Power Grid Corporation of India Limited (NSE: POWERGRID)
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]
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
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...
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 ...
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...
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 .
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 ...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...