Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 109.75, down by 0.25 points or 0.23% from its previous closing of Rs. 109.50 on the BSE.

The scrip opened at Rs. 109.35 and has touched a high and low of Rs. 110.20 and Rs. 108.70 respectively. So far 109139 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. 110.75 and Rs. 107.05 respectively. The current market cap of the company is Rs. 50718.64 crore.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 21.77% and 8.81% respectively.

PowerGrid Corporation of India (PGCIL), India’s largest power transmission utility, has received an investment approved for Transmission System associated with Meja TPS' at an estimated cost of Rs 55.73 crore with commissioning schedule of 28 months from the date of investment approval. The board at its meeting held on March 08, 2013 has approved the same.

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.