SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Power Grid gains as IFC invests $20.4 million in company

03 Jun 2014 Evaluate

Power Grid Corporation of India is currently trading at Rs 126.30, up by 1.10 points or 0.88% from its previous closing of Rs 125.20 on the BSE.

The scrip opened at Rs 126.00 and has touched a high and low of Rs 126.50 and Rs 124.00 respectively. So far 193711 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 135.00 on 26-May-2014 and a 52 week low of Rs 86.70 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs 128.40 and Rs 121.00 respectively. The current market cap of the company is Rs 65996.50 crore.

The promoters holding in the company stood at 57.90% while Institutions and Non-Institutions held 34.63% and 7.47% respectively.

International Finance Corporation (IFC) has made an equity investment of $20.4 million in Power Grid Corporation of India (PGCIL). The investment was through its participation in the follow on public offer (FPO).

The company lined up a project whose cost is estimated at about $16 billion out of which $1 billion is funded through an equity infusion in the FPO. The project comprises of several transmission lines and sub-stations in various parts of the country.

PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.

 

Power Grid Corp Share Price

313.90 0.00 (0.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 402.20
Tata Power 436.00
Adani Power 225.15
Power Grid Corp 313.90
Torrent Power 1724.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×