Power Grid Corporation of India (PGCIL) is currently trading at Rs. 92.40, up by 0.25 points or 0.27% from its previous closing of Rs. 92.15 on the BSE.
The scrip opened at Rs. 92.40 and has touched a high and low of Rs. 92.70 and Rs. 91.70 respectively. So far 102886 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.05 on 05-Dec-2012 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. 94.45 and Rs. 91.85 respectively. The current market cap of the company is Rs. 42524.03 crore.
The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 23.69% and 6.88% respectively.
State-owned Power Grid Corporation of India (PGCIL) is planning to hike shareholding limit for Foreign Institutional Investors (FIIs) in the company to 30% from existing 24%. In this regard, the company is seeking its shareholders’ approval.
Increasing the limit will also facilitate FIIs to acquire shares within the proposed limit of 30% of paid-up capital under the portfolio investment scheme of the Reserve Bank of India (RBI).
Besides, the company is also seeking approval from shareholders to increase borrowing limits to Rs 1,30,000 crore from current cap of Rs 1,00,000 crore.
PGCIL, the Central Transmission Utility (CTU), is engaged in power transmission business with the mandate for planning, co-ordination, supervision and control over Inter-State transmission systems and operation of the National and Regional Power Grids. It is also in the telecom business and offers consultancy services.
| 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.. | |
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.
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.
MoneyWorks4Me ensures this through: