Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 184.55, up by 0.50 points or 0.27% from its previous closing of Rs. 184.05 on the BSE.

The scrip opened at Rs. 185.75 and has touched a high and low of Rs. 188.20 and Rs. 184.10 respectively. So far 90994 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.00 on 24-May-2018 and a 52 week low of Rs. 174.25 on 26-Jul-2018.

Last one week high and low of the scrip stood at Rs. 188.20 and Rs. 178.05 respectively. The current market cap of the company is Rs. 96993.67 crore.

The promoters holding in the company stood at 56.34%, while Institutions and Non-Institutions held 39.01% and 4.65% respectively.

Power Grid Corporation of India has awarded an order to Chandigarh-based Hartek Group’s engineering arm Hartek Power for augmenting high-voltage 400-KV substations in the three states of Uttar Pradesh, Haryana and Rajasthan. The project will cater to a population of about 7 crore.

Under the project, Hartek Power will convert fixed line reactors to switchable line reactors so that these devices can be optimally used to curtail line outages at 400-KV substations located in Ballia and Sohawal in Uttar Pradesh, Kankroli in Rajasthan and Abdullapur in Haryana.

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.