Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 181.40, up by 0.75 points or 0.42% from its previous closing of Rs. 180.65 on the BSE.

The scrip opened at Rs. 181.30 and has touched a high and low of Rs. 182.90 and Rs. 179.85 respectively. So far 20724 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. 173.05 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 184.60 and Rs. 173.05 respectively. The current market cap of the company is Rs. 95214.93 crore.

The promoters holding in the company stood at 56.34%, while Institutions and Non-Institutions held 39.28% and 4.38% respectively.

Power Grid Corporation of India has received an investment approval for ‘Northern Region System Strengthening - XL' at an estimated cost of Rs 572.98 crore with commissioning schedule of 22 months from the date of investment approval. The Board of Directors of the company in their meeting held on February 16, 2019, approved the same.

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.