Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs 142.25, up by 3.85 points or 2.78% from its previous closing of Rs 138.40 on the BSE.

The scrip opened at Rs 141.60 and has touched a high and low of Rs 142.50 and Rs 140.60 respectively. So far 202574 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 159.00 on 28-Feb-2015 and a 52 week low of Rs 120.75 on 10-Sep-2015.

Last one week high and low of the scrip stood at Rs 142.50 and Rs 131.95 respectively. The current market cap of the company is Rs 74367.05 crore.

The promoters holding in the company stood at 57.90% while Institutions and Non-Institutions held 34.73% and 7.38% respectively.

Power Grid Corporation of India has reported 31.26% rise in its net profit at Rs 1613.12 crore for third quarter ended December 31, 2015 as compared to Rs 1228.91 crore for the same quarter in the previous year. The company’s total income has increased by 22.71% to Rs 5504.83 crore for the quarter under review from Rs 4486.11 crore for the corresponding quarter of the previous year.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.