Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 139.55, up by 3.10 points or 2.27% from its previous closing of Rs. 136.45 on the BSE.

The scrip opened at Rs. 138.00 and has touched a high and low of Rs. 140.75 and Rs. 137.25 respectively. So far 1567211 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. 146.10 and Rs. 134.50 respectively. The current market cap of the company is Rs. 73189.94 crore.

The promoters holding in the company stood at 57.90% while Institutions and Non-Institutions held 34.82% and 7.29% respectively.

The company 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.