SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PGCIL gains on getting nod for investment proposal worth Rs 100.55 crore

29 Oct 2012 Evaluate

PGCIL is currently trading at Rs. 114.20, up by 0.35 points or 0.31% from its previous closing of Rs. 113.85 on the NSE.

The scrip opened at Rs. 114.15 and has touched a high and low of Rs. 115.55 and Rs. 114.15 respectively. So far 2, 98,722 shares were traded on the counter.

The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 124.70 on 04-Sep-2012 and a 52 week low of Rs. 94.15 on 24-Nov-2011.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 21.31% and 9.27% respectively.

Power Grid Corporation of India (PGCIL) has received approval for investment proposal worth Rs 100.55 crore for 'Strengthening Scheme in Northern Region' with commissioning schedule of 24 months progressively from the date of investment approval.

The board at its meeting held on October 14, 2012 has considered and approved the same.

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

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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:

×