🔔 Acquisition Alert
Power Grid Corporation acquires Khavda V-A Power Transmission project for Rs 18.95 crore, establishing a transmission system for renewable energy in Gujarat.
Power Grid Corporation of India Ltd Analyst Rating
based on 23 analysts
56.52%
Buy
13.04%
Hold
30.43%
Sell
Based on 23 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹336.7
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Share analysis
Power Grid Corporation of India Ltd price forecast by 23 analysts
Upside of6.87%
High
₹426
Target
₹336.70
Low
₹232
Power Grid Corporation of India Ltd target price ₹336.7, a slight upside of 6.87% compared to current price of ₹325.9. According to 23 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Power Grid Corporation of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.72%
Forecast
Actual
Including amortisation and stock based compensations
Power Grid Corporation of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:9.44%
Forecast
Actual
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Performance
Day's Low
Day's High
₹313₹326.7552 Week's Low
52 Week's High
₹207.95₹366.25
| Returns % | |
| 1 Month Return | -4.86 % |
| 3 Month Return | -6.42 % |
| 1 Year Return | + 50.78 % |
| Market Stats | |
| Previous Close | ₹315.05 |
| Open | ₹325.60 |
| Volume | 1.32Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,93,015.52Cr |
Power Grid Corporation of India Ltd Key Statistics
| P/E Ratio | 18.65 |
| PEG Ratio | 13.62 |
| Market Cap | ₹2,93,015.52 Cr |
| P/B Ratio | 2.97 |
| EPS | 16.74 |
| Dividend Yield | 4.06 |
| Sector | Power Generation & Distribution |
| ROE | 18.24 |
Power Grid Corporation of India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,93,015.52 Cr | 37.06% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹3,55,576.75 Cr | 43.61% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,30,401.81 Cr | 128.81% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹1,04,697.79 Cr | 46.16% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹80,370.32 Cr | 48.38% | 0.74 | ₹4,028 Cr | ₹9,659 Cr |
Power Grid Corporation of India Ltd Mutual Fund Holdings
About Power Grid Corporation of India Ltd
The company's top products include high voltage transmission lines, substations, telecom systems and equipment, and automation systems. PGCIL is also responsible for the development of India's national power grid and is the country's largest transmission utility. It has popular brands such as the National Load Dispatch Centre, Power System Operation Corporation, and the Regional Load Dispatch Centres.
Share Price: ₹325.90 per share as on 21 Nov, 2024 03:29 PM
Market Capitalisation: ₹2,93,015.52Cr as of today
Revenue: ₹11,277.76Cr as on September 2024 (Q3 24)
Net Profit: ₹3,793.02Cr as on September 2024 (Q3 24)
Listing date: 05 Oct, 2007
Chairperson Name: R. K. Tyagi
| Organisation | Power Grid Corporation of India Ltd |
| Headquarters | Gurgaon |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
07:19 AM
-Power Grid acquires Khavda V-A Power Transmission project through tariff-based competitive bidding for Rs 18.95 crore.
07:45 AM
-Power Grid secures Khavda V-A Power Transmission project, a special purpose vehicle for renewable energy evacuation.
11:09 AM
-The Khavda project, costing Rs 24,819 crore, aims to evacuate 8 GW of renewable energy from Gujarat.
Today's Timeline - Invalid Date
01:27 PM
-Power Grid shares rise 2.58% after successful acquisition of Khavda V-A Power Transmission project.
Key events for Power Grid Corporation of India Ltd
Power Grid Secures Major Transmission Project in Gujarat - 21 Nov, 2024
Power Grid Corporation successfully acquired the Khavda V-A Power Transmission project for Rs 18.95 crore, boosting shares by 2.58%. The project aims to evacuate 8 GW of renewable energy from Gujarat, enhancing the company's market position.
Power Grid Secures Khavda HVDC Project and Collaborates - 20 Nov, 2024
Power Grid Corporation of India Ltd has acquired the Khavda V A Power Transmission project, marking a significant milestone as the first HVDC project via competitive bidding. Additionally, the company announced a collaboration with IISc Bangalore to enhance cybersecurity in transmission systems.
Power Grid Acquires Khavda V-A Power Transmission Limited - 19 Nov, 2024
Power Grid Corporation has acquired Khavda V-A Power Transmission Limited for Rs 18.95 crore, enhancing its renewable energy infrastructure development in Gujarat and Maharashtra.
Power Grid Corporation Market Cap Declines - 14 Nov, 2024
On November 14, 2024, Power Grid Corporation's shares fell by 0.29%, leading to a market cap reduction of Rs 930 crore, totaling approximately Rs 2,90,737 crore.
Power Grid Corporation Receives Positive Ratings and Leadership Change - 13 Nov, 2024
Power Grid Corporation of India Ltd. sees positive momentum with Macquarie's outperform rating and a ₹380 target, alongside a 45% dividend announcement. Vamsi Burra appointed as Director of Projects, enhancing leadership stability.
Power Grid Acquires Transmission Project in Rajasthan - 12 Nov, 2024
Power Grid Corporation of India has acquired Bikaner A Power Transmission Ltd to establish a transmission system in Rajasthan, secured through competitive bidding. The acquisition is valued at approximately Rs 18.47 crore.
Power Grid Boosts Capex Guidance Amid Flat Profits - 11 Nov, 2024
Power Grid Corporation of India has increased its FY27 capex target to Rs 40,000 crore, indicating a robust growth outlook despite reporting flat profits in Q2. Analysts have mixed views on the stock's valuation, with some seeing potential upside while others consider it expensive.
Power Grid Corporation Declares Dividend and Shows Bullish Potential - 10 Nov, 2024
Power Grid Corporation approved a Rs 4.50 interim dividend, with a record date of November 14, 2024. The company reported slight increases in net sales and profit for Q2FY25. Technical indicators suggest a potential bullish reversal, with targets of Rs 340 and Rs 360, supported by increased trading volume and a favorable buying opportunity on dips.
Power Grid Corporation Gains from Project Transfer and Sales Growth - 08 Nov, 2024
Power Grid Corporation of India Ltd has taken over two transmission projects from PFC, while also reporting a slight increase in net sales for September 2024.
Power Grid Reports Flat Q2 Results and Dividend Announcement - 07 Nov, 2024
Power Grid Corporation of India reported a flat net profit of ₹3,793.02 crore for Q2 FY25, with a decline in EBITDA. The company announced a first interim dividend of ₹4.50 per share, with shares dropping nearly 2% following the results announcement.
Power Grid Reports Flat Profit, Declares Dividend - 06 Nov, 2024
Power Grid Corporation of India reported a flat net profit of ₹3,793 crore for Q2 FY25, with total income increasing. The board declared a ₹4.50 interim dividend per share, payable on December 4.
NBCC Partners with Power Grid for Renovation Project - 05 Nov, 2024
NBCC (India) Ltd has signed an MoU with Power Grid Corporation to renovate its corporate building in Gurugram for Rs 186.47 crore. This partnership highlights Power Grid's ongoing infrastructure development efforts.
NBCC Partners with Power Grid for Renovation Project - 04 Nov, 2024
NBCC (India) Ltd has signed a Memorandum of Understanding with Power Grid Corporation of India Ltd to renovate its corporate building in Gurugram at a cost of Rs 186.47 crore, covering various renovation works.
Power Grid Corporation Secures Major Renovation Contract - 01 Nov, 2024
Power Grid Corporation of India Ltd has awarded a ₹186.46 crore renovation contract for its corporate office in Gurugram to NBCC, enhancing its operational infrastructure.
Power Grid Announces Results and Major Projects - 29 Oct, 2024
Power Grid Corporation is set to release Q2 FY25 results and may declare an interim dividend. The company also secured three major projects and revised its capex plan to Rs 1,80,000 million.
Power Grid Corporation Positioned for Growth - 28 Oct, 2024
Power Grid Corporation is set to benefit from increased capex, projected to rise significantly by 2026-27. With a strong order pipeline and opportunities in green energy transmission, the company is well-positioned for growth compared to private sector competitors.
Power Grid Secures Major Projects and Celebrates Milestone - 25 Oct, 2024
Power Grid Corporation has secured a significant transmission project in Gujarat and celebrated its 35th Raising Day, showcasing its achievements in energy transition and grid synchronization.
Power Grid Secures Projects and Raises Funds - 24 Oct, 2024
Power Grid Corporation of India has approved a significant investment for a Rajasthan project, won a Gujarat transmission project, and raised Rs 5,000 crore through bonds.
Power Grid Wins Major Transmission Project in Rajasthan - 23 Oct, 2024
Power Grid Corporation has been declared the successful bidder for an inter-state transmission system in Rajasthan, including significant infrastructure developments. The company also plans to raise up to Rs 5,000 crore through bond issuance.
Insights on Power Grid Corporation of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 3.72K Cr → 3.79K Cr (in ₹), with an average increase of 1.8% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 11.30K Cr → 12.09K Cr (in ₹), with an average increase of 6.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, POWERGRID stock has moved up by 1.0%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.61% to 12.26% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, NHPC Ltd has given 155.2% return, outperforming this stock by 38.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Tata Power Company Ltd has given 55.4% return, outperforming this stock by 4.6%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 3.60% to 3.50% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 28.73% to 28.26% in Sep 2024 quarter
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Index Inclusions
Power Grid Corporation of India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.34% | 0.00 | |
| Foreign Institutions | 28.26% | ||
| Mutual Funds | 12.26% | 5.59 | |
| Retail Investors | 3.5% | ||
| Others | 4.64% |
Power Grid Corporation of India Ltd Key Indicators
Power Grid Corporation of India Ltd Valuation
Power Grid Corporation of India Ltd in the last 5 years
Lowest (6.98x)
March 18, 2020
Today (18.65x)
November 19, 2024
Industry (26.23x)
November 19, 2024
Highest (21.66x)
September 26, 2024
Power Grid Corporation of India Ltd Earnings and Dividends
Power Grid Corporation of India Ltd Earnings Results
Power Grid Corporation of India Ltd’s net profit jumped 0.31% since last year same period to ₹3,793.02Cr in the Q2 2024-2025. On a quarterly growth basis, Power Grid Corporation of India Ltd has generated 1.86% jump in its net profits since last 3-months.
Read More about Earnings ResultsPower Grid Corporation of India Ltd Dividends November,2024
In the quarter ending September 2024, Power Grid Corporation of India Ltd has declared dividend of ₹4.50 - translating a dividend yield of 5%.
Read More about Dividends
Power Grid Corporation of India Ltd Technicals Summary
Bearish
Neutral
Bullish
Power Grid Corporation of India Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹325.9
Power Grid Corporation of India Ltd is listed on NSE
Power Grid Corporation of India Ltd is listed on BSE
- Today’s highest price of Power Grid Corporation of India Ltd is ₹326.75.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹313.
PE Ratio of Power Grid Corporation of India Ltd is 18.65
PE ratio = Power Grid Corporation of India Ltd Market price per share / Power Grid Corporation of India Ltd Earnings per share
Today’s traded volume of Power Grid Corporation of India Ltd(POWERGRID) is 1.32Cr.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹293015.52Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹366.25 |
52 Week Low | ₹207.95 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹325.9. It is down -11.02% from its 52 Week High price of ₹366.25
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹325.9. It is up 56.72% from its 52 Week Low price of ₹207.95
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | 10.85% |
1 Month Returns | -4.86% |
3 Month Returns | -6.42% |
1 Year Returns | 50.78% |