Power Grid Corporation of India Ltd Analyst Rating
based on 22 analysts
50.00%
Buy
18.18%
Hold
31.82%
Sell
Based on 22 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹332.27
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 of0.07%
High
₹425
Target
₹332.27
Low
₹219
Power Grid Corporation of India Ltd target price ₹332.27, a slight upside of 0.07% compared to current price of ₹331.15. According to 22 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Power Grid Corporation of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:7.77%
Forecast
Actual
Including amortisation and stock based compensations
Power Grid Corporation of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:11.11%
Forecast
Actual
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Performance
Day's Low
Day's High
₹329.45₹333.7552 Week's Low
52 Week's High
₹196.3₹366.25
| Returns % | |
| 1 Month Return | -2.67 % |
| 3 Month Return | -1.93 % |
| 1 Year Return | + 66.23 % |
| Market Stats | |
| Previous Close | ₹332.05 |
| Open | ₹333.00 |
| Volume | 87.46L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,08,826.55Cr |
Power Grid Corporation of India Ltd Key Statistics
| P/E Ratio | 19.6 |
| PEG Ratio | 12.59 |
| Market Cap | ₹3,08,826.55 Cr |
| P/B Ratio | 2.97 |
| EPS | 16.74 |
| Dividend Yield | 4.06 |
| Sector | Power Generation & Distribution |
| ROE | 18.24 |
Power Grid Corporation of India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹3,08,826.55 Cr | 37.58% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹4,12,059.83 Cr | 50.3% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,44,924.63 Cr | 133.23% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹1,25,329.82 Cr | 62.3% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹84,508.88 Cr | 52.84% | 0.74 | ₹4,028 Cr | ₹9,659 Cr |
Power Grid Corporation of India Ltd Mutual Fund Holdings
About Power Grid Corporation of India Ltd
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: ₹331.15 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹3,08,826.55Cr as of today
Revenue: ₹11,006.18Cr as on June 2024 (Q2 24)
Net Profit: ₹3,723.92Cr as on June 2024 (Q2 24)
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
JM Financial Projects 17% Upside for Power Grid - 19 Oct, 2024
JM Financial has identified Power Grid Corporation as a Diwali stock pick, forecasting a 17% rise to ₹383 within 6-12 months. The company is expected to benefit from strong capex recovery, robust earnings visibility, and growth in transmission and data center projects, with significant planned investments and an attractive dividend yield. However, risks include slower project capitalisation and rising competition.
Power Grid Expands Portfolio with Major Acquisitions - 16 Oct, 2024
Power Grid Corporation of India has acquired three special purpose vehicles for renewable energy transmission projects worth ₹8,769 crore, enhancing its operational capabilities and regional infrastructure. The acquisitions include two projects in Gujarat aimed at strengthening power transmission capacity.
Power Grid Corporation Secures Key Transmission Projects - 15 Oct, 2024
Power Grid Corporation of India Ltd has secured two transmission projects in Gujarat and emerged as the transmission service provider for the Rajasthan-IV project, enhancing its operational footprint.
Power Grid Stock Faces Analyst Downgrades and Concerns - 14 Oct, 2024
Power Grid Corporation has seen significant downgrades from analysts due to valuation concerns, a shift towards renewable energy, and slowing demand. Despite a strong rally, analysts remain cautious about future profitability and market conditions.
Power Grid Wins Bid for Rajasthan Transmission System - 11 Oct, 2024
Power Grid Corporation of India Ltd. has emerged as the successful bidder for an inter-state transmission system at existing substations in Rajasthan.
Power Grid Wins Major Project, Shares Rise - 10 Oct, 2024
Power Grid Corporation of India has secured a significant transmission project in Rajasthan, leading to a rise in share prices. A block deal also occurred, reflecting strong investor interest. The stock has shown impressive returns over the past year.
Power Grid Corporation Faces Share Decline Amid Order - 03 Oct, 2024
Power Grid Corporation of India shares dropped 1.35% to Rs 346.10, despite Transformers and Rectifiers securing a ₹565 crore order from the company.
Power Grid Positioned for Growth Amid Mixed Results - 02 Oct, 2024
Power Grid Corporation's stock saw a slight increase despite a minor revenue decline, while net profit rose. The company is strategically positioned to benefit from a significant transmission capital expenditure plan under the National Electricity Plan 2023-32.
Power Grid Positioned for Growth with Strong Outlook - 28 Sep, 2024
Power Grid Corporation of India Ltd is recommended as a 'Buy' with a target price of Rs 425. The company holds a 50-60% market share and is well-positioned to capitalize on a ₹2 trillion transmission opportunity, supported by a strong earnings outlook and a robust work pipeline.
Power Grid Stock Surges with Strong Buy Recommendations - 27 Sep, 2024
Power Grid Corporation has rallied 80% over the past year, reaching a record high. Analysts recommend buying with targets of Rs 375 and highlight strong momentum and strategic positioning for future growth.
Power Grid Set for Growth Amid Complex Transmission Needs - 26 Sep, 2024
Power Grid Corporation of India Ltd is poised for significant growth due to the increasing complexity of power transmission in India, as highlighted by Goldman Sachs. However, competitive intensity and commodity price volatility may pose challenges.
Power Grid Shares Surge on Positive Outlook and NEP - 25 Sep, 2024
Power Grid Corporation's shares surged following Goldman Sachs' bullish outlook and the finalization of the National Electricity Plan, indicating strong growth potential in transmission infrastructure. The stock reached a 52-week high, reflecting positive investor sentiment and significant upcoming investments in the sector.
Power Grid Secures Project and Gains Analyst Support - 24 Sep, 2024
Power Grid Corporation has secured a key inter-state transmission project in Gujarat, leading to a rise in share prices. Motilal Oswal initiated coverage with a buy rating and a target price of Rs 425, highlighting strong growth potential and attractive dividend yield. The stock has shown significant gains over the past year.
Power Grid Wins Key Transmission Project in Gujarat - 23 Sep, 2024
Power Grid Corporation of India has been awarded a significant interstate transmission project in Gujarat, involving the installation of STATCOMs at Khavda Pooling Stations. The project is on a build, own, operate, and transfer basis. Despite a recent dip in net profit, this win enhances the company's project portfolio.
DIPAS Transfers High-Altitude Technologies to PGCIL - 21 Sep, 2024
The Defence Institute of Physiology and Allied Sciences has transferred essential high-altitude sustenance technologies to Power Grid Corporation of India Ltd, enhancing workforce well-being in extreme conditions.
Power Grid Wins Major Transmission Project in Gujarat - 20 Sep, 2024
Power Grid Corporation of India has been declared the successful bidder for a significant transmission project in Gujarat, aimed at evacuating renewable energy. The project includes establishing a new substation and associated works, with a Letter of Intent received on September 19, 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.
POSITIVE IMPACTPrice Rise
In the last 7 days, POWERGRID stock has moved up by 0.4%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.61% to 12.26% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Torrent Power Ltd has given 173.0% return, outperforming this stock by 106.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Torrent Power Ltd has given 297.8% return, outperforming this stock by 169.7%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 28.73% to 28.26% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 4.16K Cr → 3.72K Cr (in ₹), with an average decrease of 10.6% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 3.60% to 3.50% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 12.36K Cr → 11.30K Cr (in ₹), with an average decrease of 8.6% per quarter
News
Global Disconnector Market 2024 Analysis by Top Key Players |Driescher, ABB, Havells India, Leviton, Delixi Electric
New York, United States, Market Business Insights, Inc. , July 30, 2024 (The NRI News) -- The most r30 Jul, 2024 03:10 PMHavells India shares rise 1.16 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 49.63 on Wednesday.31 Jul, 2024 11:47 AMGlobal Time Switch Market 2024 Analysis by Top Key Players |Hager, Finder SPA, Havells India Ltd, Enerlites, Eaton
New York, United States, Market Business Insights, Inc. , July 31, 2024 (The NRI News) -- The most r31 Jul, 2024 05:32 PMPower Grid Corporation of India Ltd Financials
Index Inclusions
Power Grid Corporation of India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.34% | 0.00 | |
| Foreign Institutions | 28.26% | ||
| Mutual Funds | 12.26% | 5.59 | |
| Retail Investors | 3.5% | ||
| Others | 4.64% |
Power Grid Corporation of India Ltd Key Indicators
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 (19.60x)
October 18, 2024
Industry (29.89x)
October 18, 2024
Highest (21.57x)
September 26, 2024
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 3.52% since last year same period to ₹3,723.92Cr in the Q1 2024-2025. On a quarterly growth basis, Power Grid Corporation of India Ltd has generated -10.62% fall in its net profits since last 3-months.
Read More about Earnings ResultsPower Grid Corporation of India Ltd Dividends May,2024
In the quarter ending March 2024, Power Grid Corporation of India Ltd has declared dividend of ₹2.75 - translating a dividend yield of 3.39%.
Read More about Dividends
Power Grid Corporation of India Ltd Technicals Summary
Bearish
Neutral
Bullish
Power Grid Corporation of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹331.15
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 ₹333.75.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹329.45.
PE Ratio of Power Grid Corporation of India Ltd is 19.6
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 87.46L.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹308826.55Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹366.25 |
52 Week Low | ₹196.3 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹331.15. It is down -9.58% from its 52 Week High price of ₹366.25
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹331.15. It is up 68.70% from its 52 Week Low price of ₹196.3
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | -0.9% |
1 Month Returns | -2.67% |
3 Month Returns | -1.93% |
1 Year Returns | 66.23% |