Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 164.25, up by 0.95 points or 0.58% from its previous closing of Rs. 163.30 on the BSE.

The scrip opened at Rs. 163.60 and has touched a high and low of Rs. 165.20 and Rs. 161.55 respectively. So far 51,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 167.30 on 04-Jul-2016 and a 52 week low of Rs. 120.75 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs. 167.30 and Rs. 160.30 respectively. The current market cap of the company is Rs. 85,928.86 crore.

The promoters holding in the company stood at 57.90%, while Institutions and Non-Institutions held 34.80% and 7.31% respectively.

In a bid to fund its capital expenditure plans, Power Grid Corporation of India (PGCIL) plans to raise Rs 14,000-15,000 crore through domestic bonds. The company has already raised around Rs 4,000 crore in April, and the rest it would do in tranches as and when we require the funds.

The company had planned a capex of Rs 1,10,000 crore for 12th Plan (2012-2017), out of which it has already deployed over Rs 88,000 crore.

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.