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Power Grid Corporation of India Ltd Performance

Today's Low
291.45
arrowIcon
Today's High
296.15
52 Wk Low
172.50
arrowIcon
52 Wk High
298.90


Open

294.25

Traded Value (Cr)

455.37 Cr

Prev. Close

293.3

VWAP

293.61

Volume

2,20,22,414

Face Value

10

Power Grid Corporation of India Ltd Fundamentals

Market Cap
₹ 2,65,067 Cr
P/E Ratio (TTM)
16.85
P/B Ratio
3.05
Debt to Equity
1.38
ROE
17.66 %
EPS (TTM)
16.91
Dividend Yield
3.88%
Book Value
93.42

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Power Grid Corporation of India Ltd F&O

Power Grid Corporation of India Ltd Option Chain

Power Grid Corporation of India Ltd Financials

Power Grid Corporation of India Ltd Financials

Power Grid Corporation of India Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 51.34 % 51.34 % 51.34 % 51.34 %
FII 29.83 % 30.51 % 32.00 % 33.13 %
Mutual Funds 10.91 % 10.52 % 9.49 % 8.74 %
Others 4.89 % 4.73 % 4.23 % 4.24 %
Retail 3.03 % 2.90 % 2.94 % 2.55 %

Promoters

51.34%

FII

29.83%

Mutual Funds

10.91%

Others

4.89%

Retail

3.03%

Promoters

51.34%

FII

30.51%

Mutual Funds

10.52%

Others

4.73%

Retail

2.90%

Promoters

51.34%

FII

32.00%

Mutual Funds

9.49%

Others

4.23%

Retail

2.94%

Promoters

51.34%

FII

33.13%

Mutual Funds

8.74%

Others

4.24%

Retail

2.55%

Resistance and Support

₹292.35

PIVOT

resistance-arrow
Resistance
First Resistance₹295.450
Second Resistance₹297.600
Third Resistance₹300.700
support-arrow
Support
First Resistance₹290.200
Second Resistance₹287.100
Third Resistance₹284.950
RSI70.977
MACD4.599
ADX48.130
CCI193.811

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day22,022,4149,102,62958.42
Week17,306,25712,349,41571.55
1 Month17,516,52810,434,96162.93
6 Months22,022,41422,022,414100.00

About Power Grid Corporation of India Ltd

Power Grid Corporation of India Ltd. is India's largest electric power transmission and distribution company, owned by Power Grid Corporation of India Ltd. The company is involved in transmitting bulk power across various Indian states. It holds and operates 90% of India's national and interregional electricity transmission systems. The company has four main business segments: transmission, consulting, telephony, and the ULDC and RLDC. As of January 31, 2021, the company had 168,140 kilometres of transmission lines and 252 substations.

Company Establishment 

On October 23, 1989, the Power Grid Corporation of India Ltd. was incorporated as a public limited company, National Transmission Company Limited. The company was founded on planning, implementing, owning, operating, and maintaining high-voltage transmission lines in the country. The company’s name changed to Power Grid Corporation of India Ltd. on October 23, 1992.

As of January 31, 2021, it had an overall conversion capacity of approximately 422430 MVamperes. It is maintained consistently with over 99% availability of this massive transmission network, extending over the country's length and breadth. The company has expanded operations to the telecommunications sector to take advantage of the additional telecommunication capacity of the unified load dispatch centre system of the ULDCs by utilising the country-wide transmission network.

As a Public Sector company

The Power Grid Corporation of India Ltd. belongs to the public sector. As of December 31, 2020, the Indian government held a 51.34% stake in the company. In addition to the requirements of ISO 9001:2008 for quality, ISO 14001:2004 for environmental management, and OHSAS 18001:2007 for health and safety management systems, the company has been certified under PAS 99:2006. They shall also be licensed under the SA 8000:2008 social accountability standard for all activities. 

The company has added 8,174 km of OPGW network, seven new substations, 5,450 circuit km of extra high voltage transmission lines, and 43,564 megavolt amps of transformation capacity in FY2022. Large and significant projects that were finished this year include the 765 kV D/C Vindhyachal Pooling Station-Varanasi Transmission Line and Poles 3 and 4 of the HVDC Bipole Link the Western Part (Raigarh in Chhattisgarh) and the Southern Part (Pugalur in Tamil Nadu).

Achievements

The company was awarded the following essential grants in the fiscal year 2019-20: 

  1. For its consistently outstanding contributions to the nation by setting high energy transmission standards, it has been awarded CBIP 2020 as Best Electricity Transmission Utility.
  2. Selected by the Great Place to Work Institute, India, as one of India's Best Companies to Work for 2019. 
  3. The Indian Society for Training and Development (ISTD) awarded the national award for modern training methods.
  4. Dun & Bradstreet Infra Awards 2019 in the category Power Transmission and Dun & Bradstreet Corporate Awards 2019 in the category Best Growth Performance - Power.

Power grid operator Power Grid Corporation of India Ltd. continuously operates and maintains its transmission assets to guarantee compliance with established standards and achieve high availability. The only telecommunications service provider in the country with PAN India's overhead optical fibre network using optical ground wire for power transmission lines is Power Grid Corporation, with its brand name "POWERTEL" in the telecommunications business.

Boards Of Directors

1. Shri K. Sreekant- Chairman and Managing Director

2. Shri Abhay Chaudhry- Director of Projects

3. Shri R.K. Tyagi- Director of Operations

4. Shri G Ravishankar- Director of Finance

5. Shri Dilip Nigam- Government Nominee Director

6. Dr. Saibaba Darbamulla- Government Nominee Director

7. Shri Chetan Bansilal Kankariya- Independent Director

8. Shri Onkarappa K N - Independent Director

9. Shri Naresh Tiwari - Independent Director

  • Parent Organisation- Government of India
  • Founded - 1989
  • NSE Symbol - POWERGRID

Power Grid Corporation of India Ltd Share Price Today

The stock prices of individual companies are subject to various influences, leading to constant fluctuations and a dynamic nature throughout the trading day. You can check the current share price of Power Grid Corporation of India Ltd from the above section.

Managing Director

R. K. Tyagi

Founded

1989

NSE Symbol

POWERGRID

Power Grid Corporation of India Ltd Management

NameDesignation
Vinod Kumar SinghExecutive Director
Abhay ChoudharyWTD & Director (projects)
R. K. TyagiChairman & Managing Director
G. RavisankarExecutive Director (Finance)
Dilip NigamNon Executive Director / Nomin
Onkarappa KnIndependent Director
Chetan Bansilal KankariyaIndependent Director
Shri Ram Naresh TiwariIndependent Director
Saibaba DarbamullaNon Executive Director / Nomin

Power Grid Corporation of India Ltd News

Power Grid announces cessation of director
With effect from 17 April 2024
Power Grid spurts as board OKs raising Rs 12,000 cr via bonds
Power Grid Corporation of India rallied 3.81% to Rs 284.80 after its board has approved the raising of bonds as POWERGRID bonds issue(s) upto Rs 12,000 crore during FY 2024-25.
Power Grid approves bond issuance of upto Rs 12,000 cr in FY25
Power Grid board OKs raising funds upto Rs 12,000 cr
Power Grid Corporation of India informed that its board has approved the raising of bonds as POWERGRID bonds issue(s) upto Rs 12,000 crore during FY 2024-25.
Power Grid Corporation of India to convene board meeting
On 17 April 2024
Power Grid commissions transmission system project in Neyveli
Power Grid Corporation of India Ltd eases for fifth straight session
Power Grid Corporation of India Ltd is quoting at Rs 268.35, down 5.89% on the day as on 13:19 IST on the NSE. The stock jumped 58.88% in last one year as compared to a 29.63% rally in NIFTY and a 70.02% spurt in the Nifty Energy index.
Power Grid signs MoU with Rajya Vidyut Prasaran Nigam
To incorporates JV for development of Intra State Transmission System
Power Grid Corp inks MoU with RRVPNL
Power Grid Corporation of India has signed a memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to incorporate a joint venture company for the development of an Intra State Transmission System in Rajasthan.
Power Grid plans NCD issuance of Rs 1200 cr

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Power Grid Corporation of India Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Power Grid Corporation of India Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Power Grid Corporation of India Ltd's share price is ₹292.25 as of April 26, 2024

Power Grid Corporation of India Ltd's P/E ratio is 16.85 times as of April 26, 2024.

Power Grid Corporation of India Ltd's most recent financial reports indicate a price-to-book ratio of 3.05, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Power Grid Corporation of India Ltd's market is 265,067 Cr as on April 26, 2024.

The current financial records of Power Grid Corporation of India Ltd show a 17.66% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Power Grid Corporation of India Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Power Grid Corporation of India Ltd's 52-week high and low as of April 26, 2024 are ₹296.15 and ₹291.45 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Power Grid Corporation of India Ltd stands at 51.34%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 30.51% to 29.83%.