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India Grid Trust (INDIGRID)

₹140.450.28%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

HOLD

0.00%

Buy

100.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for India Grid Trust. An average target of ₹140

Source: S&P Global Market Intelligence

India Grid Trust Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹140.02
    ₹141.4
  • 52 Week's Low

    52 Week's High

    ₹126
    ₹141.6
1 Month Return+ 3.29 %
3 Month Return+ 2.26 %
1 Year Return+ 1.71 %
Previous Close₹140.06
Open₹140.88
Volume2.52L
Upper Circuit-
Lower Circuit-
Market Cap₹10,976.13Cr

Key Statistics

P/E Ratio35.82
PEG Ratio-13.78
Market Cap₹10,976.13 Cr
P/B Ratio1.27
EPS3.88

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth OptionAditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option0.96%
Aditya Birla Sun Life Multi Asset Allocation Fund Direct GrowthAditya Birla Sun Life Multi Asset Allocation Fund Direct Growth1.48%
Baroda BNP Paribas Balanced Advantage Fund Direct GrowthBaroda BNP Paribas Balanced Advantage Fund Direct Growth0.67%
Bank of India Balanced Advantage Direct GrowthBank of India Balanced Advantage Direct Growth1.53%
Navi Conservative Hybrid Fund Direct Plan Growth OptionNavi Conservative Hybrid Fund Direct Plan Growth Option2.6%

Company Information

India Grid Trust (INDGRID) is a leading infrastructure investment trust in India, incorporated on April 28, 2020. INDGRID provides a range of services to its investors, including asset management, capital markets, and other financial services. INDGRID operates in the power, renewable energy, and transmission sectors, and its top products include power, renewable energy, and transmission projects. INDGRID's popular brands include its flagship project, the India Grid Trust, and its subsidiary, the India Grid Investment Trust.

INDGRID has invested in a number of power and renewable energy projects, including solar, wind, and hydro power projects, as well as transmission projects. INDGRID also provides financing, asset management, and other services to its investors, including capital markets, financial advisory services, and other services.

Share Price: ₹140.45 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹10,976.13Cr as of today
Revenue: ₹813.54Cr as on March 2024 (Q1 24)
Net Profit: ₹58.49Cr as on March 2024 (Q1 24)
Listing date: 06 Jun, 2017
OrganisationIndia Grid Trust
HeadquartersNew Delhi
IndustryInfrastructure Investment Trusts
E-voting on sharesClick here to vote

Key events for India Grid Trust

  • Investment Firms Eye Stake in India Grid Trust's New Power Transmission Platform - 10 Jul, 2024

    Norway's Norfund and Germany's DEG are among the investment firms considering a stake in KKR-backed India Grid Trust's new power transmission platform, expected to have an equity value of $250 million. The platform will help India increase its renewable energy capacity and reduce dependence on coal for power generation.

  • India Grid Trust Positioned to Benefit from Renewable Energy Investments - 06 Jul, 2024

    India Grid Trust is well-positioned to benefit from the Indian government's target of achieving nearly 500 GW of installed renewable energy capacity by 2030. By diversifying its portfolio to include RE generation and BESS, IndiGrid is enhancing its growth prospects. The company has expanded its portfolio to 39 projects, including 17 operational transmission projects, three greenfield transmission projects, and 19 solar generation projects. For FY24, IndiGrid reported a 22.8% increase in revenue to ₹2,864 crore and a 17% rise in EBITDA to ₹2,538 crore.

Insights on India Grid Trust

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 9 quarters, 569.31 Cr → 824.39 Cr (in ₹), with an average increase of 4.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 43.55% to 44.26% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 21.17% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, NHPC Ltd has given 302.9% return, outperforming this stock by 303.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NHPC Ltd has given 107.9% return, outperforming this stock by 106.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, INDIGRID stock has moved down by -0.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 89.47 Cr → 55.67 Cr (in ₹), with an average decrease of 37.8% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.34% to 24.90% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹813.54Cr
↑3.93%
Net Income
₹58.49Cr
↓36.37%
Net Profit Margin
7.19%
↓38.76%
2024Y/Y Change
Revenue
₹2,863.96Cr
↑22.82%
Net Income
₹296.48Cr
↓36.35%
Net Profit Margin
10.35%
↓48.20%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹26,402.39Cr
↑21.97%
Total Liabilities
₹18,399.23Cr
↑24.94%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹46.89Cr
↑118.50%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
21.17%
0.00
Foreign Institutions
24.9%
0.00
Mutual Funds
1.43%
0.00
Retail Investors
44.26%
0.00
Others
8.25%
0.00

Key Indicators

India Grid Trust Valuation

India Grid Trust in the last 5 years

  • Overview

  • Trends

Lowest (8.99x)

April 9, 2020

Industry (14.12x)

July 23, 2024

Today (35.82x)

July 23, 2024

Highest (35.91x)

July 22, 2024

LowHigh

Earnings and Dividends

  • India Grid Trust Earnings Results

    India Grid Trust’s net profit fell -58.75% since last year same period to ₹55.67Cr in the Q4 2023-2024. On a quarterly growth basis, India Grid Trust has generated -37.78% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • India Grid Trust Dividends May,2024

    In the quarter ending March 2024, India Grid Trust has declared dividend of ₹3.55 - translating a dividend yield of 10.07%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

India Grid Trust is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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India Grid Trust (INDIGRID) share price today is ₹140.45

India Grid Trust is listed on NSE

India Grid Trust is listed on BSE

  • Today’s highest price of India Grid Trust is ₹141.4.
  • Today’s lowest price of India Grid Trust is ₹140.02.

PE Ratio of India Grid Trust is 35.82

PE ratio = India Grid Trust Market price per share / India Grid Trust Earnings per share

Today’s traded volume of India Grid Trust(INDIGRID) is 2.52L.

Today’s market capitalisation of India Grid Trust(INDIGRID) is ₹10976.13Cr.

India Grid Trust(INDIGRIDPrice
52 Week High
₹141.6
52 Week Low
₹126

India Grid Trust(INDIGRID) share price is ₹140.45. It is down -0.81% from its 52 Week High price of ₹141.6

India Grid Trust(INDIGRID) share price is ₹140.45. It is up 11.47% from its 52 Week Low price of ₹126

India Grid Trust(INDIGRIDReturns
1 Day Returns
0.39%
1 Month Returns
3.29%
3 Month Returns
2.26%
1 Year Returns
1.71%