Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 114.70, up by 2.45 points or 2.18% from its previous closing of Rs. 112.25 on the BSE.

The scrip opened at Rs. 112.25 and has touched a high and low of Rs. 114.75 and Rs. 111.10 respectively. So far 428320 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 124.45 on 05-Sep-2012 and a 52 week low of Rs. 100.10 on 15-May-2012.

Last one week high and low of the scrip stood at Rs. 114.70 and Rs. 109.05 respectively. The current market cap of the company is Rs. 51806.63 crore.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 21.77% and 8.81% respectively. State run, Power Grid Corporation of India has reported results for third quarter ended December 31, 2012.

The company has reported 39.52% rise in its net profit at Rs 1129.06 crore for the quarter as compared to Rs 809.23 crore for the same quarter in the previous year. Total income from operation of the company has increased by 36.29% at Rs 3361.67 crore for quarter under review as compared to Rs 2466.62 crore for the quarter ended December 31, 2011.

Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.