Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 143.90, up by 0.90 points or 0.63% from its previous closing of Rs. 143.00 on the BSE.

The scrip opened at Rs. 145.95 and has touched a high and low of Rs. 145.95 and Rs. 143.40 respectively. So far 27516 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.20 on 02-Feb-2016 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. 146.00 and Rs. 141.45 respectively. The current market cap of the company is Rs. 75334.89 crore.

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

Power Grid Corporation of India (PGCIL) has operationalised its ultra-high voltage 1200 kV National Test Station (NTS) at Bina in Madhya Pradesh. This will help the company in increasing power carrying capacity.

The NTS is a research and development project which now will be monitored for two years and after that the Central Electricity Authority will take a call on replicating this technology in various parts of the country. This 1,200 kV station has the power carrying capacity which is five to six times more than the 400 kV stations for transmission of power. Thus this station will augment country’s transmission capacity many folds.

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.