SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PowerGrid rises on plan to set up a smart grid on pilot basis

14 Nov 2011 Evaluate

PowerGrid is currently trading at Rs 106.45, up by 1.40 points or 1.33% from its previous closing of Rs 105.05 on the BSE.

The scrip opened at Rs 105.55 and has touched a high and low of Rs 106.60 and Rs 105.35 respectively. So far 73545 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 112.35 on 15-Jul-2011 and a 52 week low of Rs 91.80 on 30-Nov-2010.

Last one week high and low of the scrip stood at Rs 105.55 and Rs 102.15 respectively. The current market cap of the company is Rs 48635.26 crore.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 21.42% and 9.16% respectively.

In a bid to build a smart city that can be a model for power distribution and consumption, State-run transmission utility, PowerGrid Corporation of India is exploring the possibility of setting up a smart grid on pilot basis.

In this regard, the company will convene a meeting in December with all the stakeholders, including manufacturers/suppliers of equipment, companies involved in the transmission and distribution, developers of green technology and other related industries, to chalk out a plan for a pilot.

Smart grid will reduce transmission and distribution loss besides controlling theft, ensuring better availability in rural areas and increasing reliability and quality of supply in urban areas.

The country has one of the largest T&D losses in the world, with almost 30 percent of the installed capacity of 1,82,345 mw being lost in transmission. The transmission network of the country is 2,65,000 circuit km (ckm).

PowerGrid 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. GoI holds 69.42% stake in PGCIL as on March 31, 2011.

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:

×