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Power Grid Corporation of India Ltd share price logo

Power Grid Corporation of India Ltd

(POWERGRID)

₹328.90.17%

as on 04:01PM, 06 Dec 2024

🔔 Collaboration Alert

POWERGRID signed MoU with IIT Roorkee for CSR contribution to establish Centre of Excellence, benefiting nearly 11,000 students annually.

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Power Grid Corporation of India Ltd Analyst Rating

based on 22 analysts

BUY

54.55%

Buy

13.64%

Hold

31.82%

Sell

Based on 22 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹339.68

Source: S&P Global Market Intelligence

Power Grid Corporation of India Ltd Share analysis

Power Grid Corporation of India Ltd price forecast by 22 analysts

Upside of3.28%

High

₹426

Target

₹339.68

Low

₹232

Power Grid Corporation of India Ltd target price ₹339.68, a slight upside of 3.28% compared to current price of ₹328.9. According to 22 analysts rating.

Source: S&P Global Market Intelligence

Power Grid Corporation of India Ltd Performance

  • Day's Low

    Day's High

    ₹326.7
    ₹332.75
  • 52 Week's Low

    52 Week's High

    ₹211.55
    ₹366.25
1 Month Return+ 5.1 %
3 Month Return+ 0.11 %
1 Year Return+ 43 %
Previous Close₹328.35
Open₹327.10
Volume88.02L
Upper Circuit-
Lower Circuit-
Market Cap₹3,05,385.33Cr

Power Grid Corporation of India Ltd Key Statistics

P/E Ratio19.47
PEG Ratio14.22
Market Cap₹3,05,385.33 Cr
P/B Ratio2.97
EPS16.74
Dividend Yield4.06
SectorPower Generation & Distribution
ROE18.24

Power Grid Corporation of India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,05,385.33 Cr42.22%0.80₹15,573 Cr₹45,843 Cr
BUY₹3,57,952.43 Cr45.57%0.78₹21,332 Cr₹1,78,500 Cr
HOLD₹1,37,671.20 Cr147.66%0.80₹4,280 Cr₹61,448 Cr
BUY₹98,841.54 Cr28.74%0.66₹1,195 Cr₹16,607 Cr
HOLD₹82,550.10 Cr51.02%0.74₹4,028 Cr₹9,659 Cr

About Power Grid Corporation of India Ltd

Power Grid Corporation of India Ltd (PGCIL) is a Navratna public sector enterprise under the Ministry of Power, Government of India. Incorporated on October 23rd, 1989, PGCIL is India's largest electric utility company and is responsible for the transmission of about 50% of India's total power. The company has operations across the entire power sector value chain, from generation to transmission and distribution.

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: ₹328.90 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,05,385.33Cr as of today
Revenue: ₹11,277.76Cr as on September 2024 (Q3 24)
Net Profit: ₹3,793.02Cr as on September 2024 (Q3 24)
Listing date: 05 Oct, 2007
Chairperson Name: R. K. Tyagi
OrganisationPower Grid Corporation of India Ltd
HeadquartersGurgaon
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Power Grid Corporation of India Ltd

  • POWERGRID Partners with IIT Roorkee for Innovation - 07 Dec, 2024

    Power Grid Corporation of India Ltd signed a MoU with IIT Roorkee to establish Centres of Excellence, enhancing technological innovation and benefiting 11,000 students annually.
  • Power Grid Declares Dividend and Expands Projects - 05 Dec, 2024

    Power Grid Corporation of India Ltd announced a Rs 2067.68 crore dividend for FY25. The company is also focusing on expanding its transmission network to support renewable energy and has received approval for the Eastern Region Expansion Scheme-44, estimated to cost Rs 385.77 crore.
  • Power Grid Announces Senior Management Changes - 02 Dec, 2024

    Power Grid Corporation of India has announced the promotion of Rajesh Wadhwa, Rajesh Gupta, and A Sensarma to Executive Director positions, effective December 2, 2024.
  • KEC International Secures Major Orders from PGCIL - 28 Nov, 2024

    KEC International Ltd. has secured turnkey orders worth Rs. 1,704 crores in India's Transmission & Distribution sector from Power Grid Corporation of India Limited for the design, supply, and installation of 765 kV transmission lines and GIS substations.
  • KEC International Secures Major Orders from Power Grid - 27 Nov, 2024

    KEC International Ltd announced securing turnkey orders worth Rs 1,704 crore from Power Grid Corporation of India Ltd for its Transmission & Distribution business.
  • Power Grid Secures Major Renewable Energy Projects - 26 Nov, 2024

    Power Grid Corporation of India has been awarded multiple projects, including HVDC links and inter-state transmission systems, while reporting a rise in net profit for Q2 FY25.
  • Power Grid Secures Key Projects for Infrastructure - 25 Nov, 2024

    Power Grid Corporation has secured significant projects, including an HVDC link for renewable energy and an inter-state transmission project to strengthen northern India's power infrastructure.
  • Power Grid Shows Signs of Recovery and Growth - 22 Nov, 2024

    Power Grid Corporation of India Ltd is experiencing a recovery, rebounding from Rs320 support, with bullish indicators suggesting a potential upward trend. The stock is up 57.59% year-over-year.
  • Power Grid Secures Major Renewable Energy Project - 21 Nov, 2024

    Power Grid Corporation of India successfully acquired the Khavda V-A Power Transmission project for Rs 18.95 crore, enhancing its renewable energy capabilities. The acquisition led to a significant rise in share prices, reflecting positive market sentiment.
  • Power Grid Secures Khavda HVDC Project and Collaborates - 20 Nov, 2024

    Power Grid Corporation of India Ltd has acquired the Khavda V A Power Transmission project, marking a significant milestone as the first HVDC project via competitive bidding. Additionally, the company announced a collaboration with IISc Bangalore to enhance cybersecurity in transmission systems.
  • Power Grid Acquires Khavda V-A Power Transmission Limited - 19 Nov, 2024

    Power Grid Corporation has acquired Khavda V-A Power Transmission Limited for Rs 18.95 crore, enhancing its renewable energy infrastructure development in Gujarat and Maharashtra.
  • Power Grid Corporation Market Cap Declines - 14 Nov, 2024

    On November 14, 2024, Power Grid Corporation's shares fell by 0.29%, leading to a market cap reduction of Rs 930 crore, totaling approximately Rs 2,90,737 crore.
  • Power Grid Corporation Receives Positive Ratings and Leadership Change - 13 Nov, 2024

    Power Grid Corporation of India Ltd. sees positive momentum with Macquarie's outperform rating and a ₹380 target, alongside a 45% dividend announcement. Vamsi Burra appointed as Director of Projects, enhancing leadership stability.
  • Power Grid Acquires Transmission Project in Rajasthan - 12 Nov, 2024

    Power Grid Corporation of India has acquired Bikaner A Power Transmission Ltd to establish a transmission system in Rajasthan, secured through competitive bidding. The acquisition is valued at approximately Rs 18.47 crore.
  • Power Grid Boosts Capex Guidance Amid Flat Profits - 11 Nov, 2024

    Power Grid Corporation of India has increased its FY27 capex target to Rs 40,000 crore, indicating a robust growth outlook despite reporting flat profits in Q2. Analysts have mixed views on the stock's valuation, with some seeing potential upside while others consider it expensive.
  • Power Grid Corporation Declares Dividend and Shows Bullish Potential - 10 Nov, 2024

    Power Grid Corporation approved a Rs 4.50 interim dividend, with a record date of November 14, 2024. The company reported slight increases in net sales and profit for Q2FY25. Technical indicators suggest a potential bullish reversal, with targets of Rs 340 and Rs 360, supported by increased trading volume and a favorable buying opportunity on dips.
  • Power Grid Corporation Gains from Project Transfer and Sales Growth - 08 Nov, 2024

    Power Grid Corporation of India Ltd has taken over two transmission projects from PFC, while also reporting a slight increase in net sales for September 2024.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.61% to 12.26% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 11.30K Cr → 12.09K Cr (in ₹), with an average increase of 6.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, POWERGRID has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, POWERGRID stock has moved up by 5.1%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.72K Cr → 3.79K Cr (in ₹), with an average increase of 1.8% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.34% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, NHPC Ltd has given 153.0% return, outperforming this stock by 39.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 3.60% to 3.50% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 28.73% to 28.26% in Sep 2024 quarter

Power Grid Corporation of India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹11,267.07Cr (-)₹11,549.79Cr (↑2.51%)₹11,978.11Cr (↑3.71%)₹11,006.18Cr (↓8.11%)₹11,277.76Cr (↑2.47%)
Net Income₹3,781.42Cr (-)₹4,028.25Cr (↑6.53%)₹4,166.33Cr (↑3.43%)₹3,723.92Cr (↓10.62%)₹3,793.02Cr (↑1.86%)
Net Profit Margin33.56% (-)34.88% (↑3.93%)34.78% (↓0.29%)33.83% (↓2.73%)33.63% (↓0.59%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,65,067.90Cr (-)₹2,61,912.20Cr (↓1.19%)₹2,64,269.32Cr (↑0.90%)₹2,62,684.69Cr (↓0.60%)
Total Liabilities₹1,95,489.06Cr (-)₹1,85,760.63Cr (↓4.98%)₹1,81,425.14Cr (↓2.33%)₹1,75,817.64Cr (↓3.09%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹29,239.47Cr (-)₹27,613.73Cr (↓5.56%)₹24,640.20Cr (↓10.77%)₹37,839.42Cr (↑53.57%)₹34,790.13Cr (↓8.06%)

Index Inclusions

S&P BSE Infra.

₹650.65

1.05 (6.77%)

Nifty PSE

₹10,326.25

0.48 (48.95%)

S&P BSE CPSE

₹3,982.89

0.49 (19.42%)

S&P BSE 100 LargeCap TMC

₹9,245.25

0.07 (6.59%)

NIFTY 100

₹25,663.90

0.02 (6.05%)

S&P BSE POWER

₹7,630.45

0.23 (17.39%)

BSE 200

₹11,413.25

0.13 (15.23%)

S&P BSE Utilities

₹5,863.95

0.36 (21.11%)

Nifty100 Eq Weig

₹32,869.20

0.32 (104.1%)

S&P BSE PSU

₹20,460.84

0.5 (101.06%)

Nifty Infra

₹8,933.20

-0.04 (-3.6%)

S&P BSE 100 ESG

₹410.39

-0.02 (-0.09%)

BSE 100

₹26,196.86

0.07 (18.2%)

Nifty50 Value 20

₹13,987.00

-0.13 (-18.05%)

S&P BSE SENSEX 50

₹25,963.50

-0.04 (-11.43%)

Nifty 500

₹23,312.10

0.15 (34.15%)

NIFTY 50

₹24,677.80

-0.12 (-30.6%)

S&P BSE 250 LargeMidCap

₹10,831.91

0.13 (14.52%)

Nifty 100 Liquid 15

₹6,465.15

-0.1 (-6.25%)

S&P BSE Largecap

₹9,626.83

0.08 (8%)

Nifty Energy

₹37,842.80

-0.11 (-41.9%)

S&P BSE Dividend Stability

₹1,039.45

0.25 (2.63%)

S&P BSE Bharat 22

₹9,127.30

0.54 (48.6%)

SENSEX

₹81,709.12

-0.07 (-56.74%)

Nifty Services Sector

₹32,882.65

-0.3 (-97.3%)

Nifty 200

₹13,996.80

0.1 (13.4%)

Nifty CPSE

₹6,600.95

0.1 (6.8%)

BSE 500

₹36,681.01

0.17 (61.77%)

Nifty LargeMidcap 250

₹16,280.10

0.22 (35.35%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Power Grid Corporation of India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.34%
0.00
Foreign Institutions
28.26%
-1.61
Mutual Funds
12.26%
5.59
Retail Investors
3.5%
-2.99
Others
4.64%
-1.66

Power Grid Corporation of India Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)11.8912.9418.0916.5816.74
Details20202021202220232024
Return On Equity %15.4519.5419.4119.2918.24
Details20202021202220232024
Return On Assets %4.194.546.425.835.93
Details20202021202220232024
Book Value Per Share (₹)69.5675.1981.9889.2893.7

Power Grid Corporation of India Ltd Valuation

Power Grid Corporation of India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.98x)

March 18, 2020

Today (19.47x)

December 6, 2024

Industry (28.12x)

December 6, 2024

Highest (21.66x)

September 26, 2024

LowHigh

Power Grid Corporation of India Ltd Earnings and Dividends

  • Power Grid Corporation of India Ltd Earnings Results

    Power Grid Corporation of India Ltd’s net profit jumped 0.31% since last year same period to ₹3,793.02Cr in the Q2 2024-2025. On a quarterly growth basis, Power Grid Corporation of India Ltd has generated 1.86% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Power Grid Corporation of India Ltd Dividends November,2024

    In the quarter ending September 2024, Power Grid Corporation of India Ltd has declared dividend of ₹4.50 - translating a dividend yield of 4.79%.

    Read More about Dividends

Power Grid Corporation of India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Power Grid Corporation of India Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹328.9

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 ₹332.75.
  • Today’s lowest price of Power Grid Corporation of India Ltd is ₹326.7.

PE Ratio of Power Grid Corporation of India Ltd is 19.47

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 88.02L.

Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹305385.33Cr.

Power Grid Corporation of India Ltd(POWERGRIDPrice
52 Week High
₹366.25
52 Week Low
₹211.55

Power Grid Corporation of India Ltd(POWERGRID) share price is ₹328.9. It is down -10.20% from its 52 Week High price of ₹366.25

Power Grid Corporation of India Ltd(POWERGRID) share price is ₹328.9. It is up 55.47% from its 52 Week Low price of ₹211.55

Power Grid Corporation of India Ltd(POWERGRIDReturns
1 Day Returns
0.55%
1 Month Returns
5.1%
3 Month Returns
0.11%
1 Year Returns
43%