Power Grid Corporation Of India Ltd.

Power Grid Corporation of India is currently trading at Rs. 101.60, up by 1.15 points or 1.14% from its previous closing of Rs. 100.45 on the BSE.

The scrip opened at Rs. 100.05 and has touched a high and low of Rs. 102.40 and Rs. 100.05 respectively. So far 94,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 122.45 on 21-Nov-2012 and a 52 week low of Rs. 86.70 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 104.00 and Rs. 98.25 respectively. The current market cap of the company is Rs. 47,038.00 crore.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 22.26% and 8.32% respectively.

Power Grid Corporation of India has increased its capital expenditure by Rs 10,000 crore for 2012-17 period for additional projects undertaken by the firm. The additional projects have added total investment programme to over Rs 1,10,000 crore in the 12th Plan period (2012-17).

Earlier, the company had announced a capital expenditure plan of Rs 1 lakh crore for the said period of adding transmission capacity.

Power Grid Corporation of India is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.