Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 185.30, up by 2.70 points or 1.48% from its previous closing of Rs. 182.60 on the BSE.

The scrip opened at Rs. 182.00 and has touched a high and low of Rs. 185.70 and Rs. 177.50 respectively. So far 121034 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 216.20 on 01-Aug-2019 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. 196.30 and Rs. 177.05 respectively. The current market cap of the company is Rs. 96941.36 crore.

The promoters holding in the company stood at 54.96%, while Institutions and Non-Institutions held 40.56% and 4.47% respectively.

Power Grid Corporation of India’s board has accorded investment approval for Transmission System for providing connectivity to RE projects at Bikaner (PG), Fatehgarh-II & Bhadla-II, at an estimated cost of Rs 562.86 crore with progressive commissioning schedule of 12 months from the date of investment approval. The Board of Directors at their meeting held on January 31, 2020 has approved the same.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.