Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
258.30
0.00 (0.00%)
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Power Grid surges on reporting 18% rise in Q3 net profit

Date: 12-02-2015

Power Grid Corporation of India is currently trading at Rs. 147.85, up by 2.05 points or 1.41% from its previous closing of Rs. 145.80 on the BSE.

The scrip opened at Rs. 148.10 and has touched a high and low of Rs. 151.35 and Rs. 147.80 respectively. So far 129948 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 151.60 on 28-Jan-2015 and a 52 week low of Rs. 93.25 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 151.35 and Rs. 139.90 respectively. The current market cap of the company is Rs. 76276.58 crore.

The promoters holding in the company stood at 57.90% while Institutions and Non-Institutions held 35.32% and 6.79% respectively.

Power Grid Corporation of India has registered a rise of 17.93% in its net profit at Rs 1228.91 crore for the quarter under review as compared to Rs 1042.04 crore for the same quarter in the previous year. The total income of the company increased 18.08% at Rs 4486.11 crore for Q3FY15 as compared Rs 3799.31 crore for the corresponding quarter previous year.

Power Grid Corporation of India 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.