Power Grid Corporation of India Ltd Share Price (POWERGRID)
₹280.1▲2.13%
Power Grid Corporation of India Ltd share Performance
- ₹277.7₹289.9₹280.1
0.86%
Low
Day's Volatility:4.36%
High
3.50%
- ₹171.49₹298.9₹280.1
38.78%
Low
52 Weeks Volatility:45.49%
High
6.71%
| Returns % | |
| 1 Month Return | 3.53 % |
| 3 Month Return | 17.48 % |
| 1 Year Return | 58.77 % |
| Market Stats | |
| Previous Close | ₹274.25 |
| Open | ₹287.90 |
| Volume | 5.10Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,55,069.06Cr |
Analyst Rating for Power Grid Corporation of India Ltd stock
based on 19 analysts
Based on 19 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹272.32
Source: S&P Global Market Intelligence
Company Information
The company's top products include high voltage transmission lines, substations, telecom systems and equipment, and automation systems. PGCIL is also responsible for the development of India's national power grid and is the country's largest transmission utility. It has popular brands such as the National Load Dispatch Centre, Power System Operation Corporation, and the Regional Load Dispatch Centres.
Share Price: ₹280.10 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,55,069.06Cr as of today
Revenue: ₹11,549.79Cr as on December 2023 (Q4 23)
Net Profit: ₹4,028.25Cr as on December 2023 (Q4 23)
Listing date: 05 Oct, 2007
Chairperson Name: R. K. Tyagi
| Organisation | Power Grid Corporation of India Ltd |
| Headquarters | Gurgaon |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
Key events for Power Grid Corporation of India Ltd
Power Grid Corp Board Approves Fundraising Plans Worth ₹12,000 Crore - 18 Apr, 2024
Power Grid Corporation of India is set to raise up to ₹12,000 crore through the issuance of bonds in FY25. Goldman Sachs has initiated coverage on the company, highlighting its role in India's energy transition. The stock rallied 3.81% following board approval for bond issuance.
Power Grid Corp Approves Rs 12,000 Crore Bond Issue - 17 Apr, 2024
Power Grid Corporation of India's board has approved the issuance of unsecured, non-convertible, non-cumulative, redeemable, taxable POWERGRID bonds for up to Rs 12,000 crore during FY 2024-25.
Power Grid Wins Three Transmission Projects - 16 Apr, 2024
Power Grid Corporation of India has won three inter-state transmission projects under tariff-based competitive bidding. The projects will help evacuate power from renewable energy projects in Rajasthan and Gujarat.
Power Grid Corp Considers Bond Issue Amidst Low Earnings Outlook - 15 Apr, 2024
Power Grid Corporation's low P/E ratio and inferior earnings outlook lead to a 2.11% drop in stock price. The company plans to issue up to Rs 12,000 crore worth of POWERGRID Bonds during FY 2024-25.
Power Grid Board to Consider Fundraising via NCDs - 12 Apr, 2024
Power Grid Corporation of India Ltd's board will consider raising funds worth ₹12,000 crore through unsecured non-convertible debentures (NCDs) on a private placement basis. The shares settled 2.5% lower at ₹275.45 in today's session.
Power Grid Corporation of India Commissions Transmission System Project - 10 Apr, 2024
Power Grid Corporation of India has announced the commissioning of a project for the transmission system to evacuate power from Neyveli Lignite Corp. Ltd in Tamil Nadu, with effect from 10 February 2024.
Power Grid Corp Plans Network Expansion; Govt Aims for Zero Load-Shedding - 04 Apr, 2024
Power Grid Corporation of India Ltd plans to expand its transmission network while commanding a dividend yield of 5.3%. The government aims for zero load-shedding this summer, with thermal power plants avoiding maintenance and offering surplus power on exchanges.
Power Grid Corporation of India Ltd: A Good Pick for Investors - 01 Apr, 2024
Amidst prevailing market conditions, Power Grid Corporation of India Ltd is a good pick for investors due to its revenue visibility and reasonable earnings certainty. The company's focus on higher capitalization, strong project pipeline, and increased capex guidance are poised to propel growth. Additionally, the stock is trading at 2.6 times fiscal 2026 estimated book value and offers a dividend yield of 4 percent.
Power Grid Corporation of India Ltd Q3FY24 Revenue at Rs 11,550 Crore - 25 Mar, 2024
Power Grid Corporation of India Ltd's revenue for Q3FY24 stood at Rs 11,550 crore with a net profit of Rs 4,028 crore. Housing Development Finance Corporation holds 1.06% equity shares in the company.
Power Grid Corporation of India Ltd Recommended as Tactical Pick - 22 Mar, 2024
India's largest power transmission company, Power Grid, is recommended as a good defensive play in a volatile market environment. Improved operating performance and aggressive deployment of growth capital following a revival in domestic T&D capex cycle make it an attractive investment option with unique blend of sound valuation and dividends.
Fundamentals of Power Grid Corporation of India Ltd
Insights on Power Grid Corporation of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 3.59K Cr → 4.02K Cr (in ₹), with an average increase of 5.5% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 11.25K Cr → 11.93K Cr (in ₹), with an average increase of 2.9% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, POWERGRID stock has moved up by 17.5%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 9.49% to 10.52% in Dec 2023 quarter
NO EFFECTAgainst Peers
In the last 3 years, Tata Power Company Ltd has given 358.9% return, outperforming this stock by 216.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 1 year, Tata Power Company Ltd has given 118.2% return, outperforming this stock by 59.4%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 32.00% to 30.51% in Dec 2023 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 3.42% to 3.36% in Dec 2023 quarter
Power Grid Corporation of India Ltd Valuation
Power Grid Corporation of India Ltd in the last 5 years
Lowest (6.98x)
March 18, 2020
Today (16.22x)
April 16, 2024
Industry (31.00x)
April 16, 2024
Highest (17.45x)
March 5, 2024
Mutual Fund Holdings
| Funds | Holdings |
 Parag Parikh Flexi Cap Direct Growth | 6.17% |
 HDFC Flexi Cap Fund -Direct Plan - Growth Option | 1.85% |
 ICICI Prudential Bluechip Fund Direct Plan Growth | 1.03% |
 Kotak Flexicap Fund Direct Growth | 0.96% |
 SBI Dividend Yield Fund Direct Growth | 5.46% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.34% | 0.00 | |
| Foreign Institutions | 30.51% | ||
| Mutual Funds | 10.52% | 10.88 | |
| Retail Investors | 3.36% | ||
| Others | 4.27% | 13.97 |
Technicals of Power Grid Corporation of India Ltd share
News & Events of Power Grid Corporation of India Ltd
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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹280.1
Power Grid Corporation of India Ltd is listed on NSE
Power Grid Corporation of India Ltd is listed on BSE
- Today’s highest price of Power Grid Corporation of India Ltd is ₹289.9.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹277.7.
PE Ratio of Power Grid Corporation of India Ltd is 16.22
PE ratio = Power Grid Corporation of India Ltd Market price per share / Power Grid Corporation of India Ltd Earnings per share
Today’s traded volume of Power Grid Corporation of India Ltd(POWERGRID) is 5.10Cr.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹255069.06Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹298.9 |
52 Week Low | ₹171.49 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹280.1. It is down -6.29% from its 52 Week High price of ₹298.9
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹280.1. It is up 63.33% from its 52 Week Low price of ₹171.49
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | 5.85% |
1 Month Returns | 3.53% |
3 Month Returns | 17.48% |
1 Year Returns | 58.77% |