🔔 Acquisition Alert
Power Grid Corporation acquires 77,30,225 shares in Cross Border Power Transmission, increasing stake to 42% for Rs 14.73 crore.
Power Grid Analyst Rating
based on 23 analysts
60.87%
Buy
13.04%
Hold
26.09%
Sell
Based on 23 analysts offering long term price targets for Power Grid. An average target of ₹341.09
Source: S&P Global Market Intelligence
Power Grid Share analysis
Power Grid price forecast by 23 analysts
Upside of12.72%
High
₹428
Target
₹341.09
Low
₹234
Power Grid target price ₹341.09, a slight upside of 12.72% compared to current price of ₹302.6. According to 23 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Power Grid revenue growth forecast
Expected growth rate Q1, FY2027:13.42%
Forecast
Actual
Including amortisation and stock based compensations
Power Grid EPS growth forecast
EPS estimate Q1, FY2027:15.47%
Forecast
Actual
Source: S&P Global Market Intelligence
Power Grid Performance
Day's Low
Day's High
₹295.7Day's Price Range₹30552 Week's Low
52 Week's High
₹226.0552-Week Price Range₹366.25
| Returns % | |
| 1 Month Return | -5.89 % |
| 3 Month Return | -8.87 % |
| 1 Year Return | + 29.62 % |
| Market Stats | |
| Previous Close | ₹297.65 |
| Open | ₹297.65 |
| Volume | 75.93L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,76,832.47Cr |
Power Grid Key Statistics
| P/E Ratio | 17.92 |
| PEG Ratio | 13.08 |
| Market Cap | ₹2,76,832.47 Cr |
| P/B Ratio | 2.97 |
| EPS | 16.74 |
| Dividend Yield | 4.06 |
| Sector | Power Generation & Distribution |
| ROE | 18.24 |
Power Grid Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,76,832.47 Cr | 32.57% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹3,15,626.48 Cr | 35.16% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,17,876.08 Cr | 104.02% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹95,201.65 Cr | 27.49% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹79,185.01 Cr | 39.45% | 0.74 | ₹4,028 Cr | ₹9,659 Cr |
About Power Grid
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: ₹302.60 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,76,832.47Cr 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 |
| Headquarters | Gurgaon |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
10:42 AM
-Power Grid acquires 77,30,225 shares in CPTCL, raising stake to 42% for Rs 14.73 crore.
Key events for Power Grid Corporation of India Ltd
Power Grid Increases Stake in Cross Border Transmission - 18 Jan, 2025
Power Grid Corporation of India Ltd has acquired 77,30,225 equity shares in the joint venture Cross Border Power Transmission Company, increasing its stake to 42% for Rs 14.73 crore.Power Grid Acquires Transmission Projects for Growth - 17 Jan, 2025
Power Grid Corporation of India has successfully acquired Gadag II and Koppal II Transmission for ₹13.24 crore, supporting renewable energy projects. The company reported a revenue increase of 2.73% and a slight rise in net profit for Q2FY24-25.Power Grid Achieves Milestones and Positive Ratings - 16 Jan, 2025
Power Grid Corporation has made significant strides, including an acquisition to enhance renewable energy integration, positive stock ratings, and receiving a disaster management award.CERC Grants POWERGRID Transmission License for Project - 15 Jan, 2025
The Central Electricity Regulatory Commission issued a 25-year transmission license to POWERGRID for the Bhadla-Bikaner Inter-State System, enhancing interconnections and infrastructure. The project includes critical transmission elements and is set for commissioning by August 2026.Power Grid Acquires Kudankulam Transmission Project - 10 Jan, 2025
Power Grid Corporation of India has acquired Kudankulam ISTS Transmission Limited for Rs 7.44 crore, strengthening its transmission capabilities and facilitating nuclear power evacuation.Power Grid Partners with EPRI for Energy Innovation - 09 Jan, 2025
Power Grid Corporation of India has signed a 10-year agreement with the US-based EPRI to enhance innovation in energy transmission. This collaboration aims to improve renewable energy integration, efficiency, and reliability in India's power grid, focusing on emerging technologies and sustainable solutions.Power Grid Secures Major Projects for Transmission System - 07 Jan, 2025
Power Grid Corporation announced successful bids for two significant projects to enhance India's transmission system, along with a 1.85% rise in Q2 FY25 net profit.Power Grid Wins Major Transmission Projects Bid - 06 Jan, 2025
Power Grid Corporation of India has been awarded two significant projects under the Tariff Based Competitive Bidding process, aimed at enhancing the inter-state transmission system in Gujarat and Karnataka. The projects will be executed under the Build, Own, Operate, and Transfer model.Power Grid Faces Downgrade Amid New Loan Agreement - 01 Jan, 2025
Power Grid Corporation has been downgraded to 'Sell' due to high debt and low profit growth. Additionally, it signed a green loan agreement with SMBC for $200 million to support renewable energy infrastructure development.Power Grid Announces Key Developments and Investments - 31 Dec, 2024
Power Grid Corporation of India has made significant moves, including a joint venture in Rajasthan, a green loan agreement with SMBC, and acquiring transmission assets, enhancing its role in renewable energy and infrastructure development.Power Grid Corporation Expands with Key Acquisitions - 30 Dec, 2024
Power Grid Corporation of India secured a significant acquisition of Rajasthan IV 4A Power Transmission Ltd for Rs 18.37 crore and awarded a HVDC project for renewable energy transmission from Gujarat to Maharashtra.New Leadership at POWERGRID with Manoj Jain - 21 Dec, 2024
Mr. Manoj Jain has been appointed as the Chairman and Managing Director of POWERGRID, effective March 1, 2024. With over 35 years of experience in the power sector, his leadership is expected to drive growth and enhance the company's efficiency in power transmission services.
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 IMPACTBest in 1 Year
In the last 1 year, POWERGRID has outperformed top 5 stocks with highest market-cap in Electric Utilities
- 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
Profit 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
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 132.6% return, outperforming this stock by 48.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 28.73% to 28.26% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 3.60% to 3.50% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, POWERGRID stock has moved down by -14.2%
News
Power Grid Raises Stake in Cross Border Power Transmission
Power Grid shares surges over 4% as company raises stakes in Cross Border Power Transmission. State-owned Power Grid Corporation of India Ltd said it has acquired 77,30,225 equity shares of IL&FS Energy Development Company Ltd (IEDCL) in the joint venture Cross Border Power Transmission Company Ltd (CPTCL) for Rs 14.73 crore. This acquisition increases POWERGRID's stake in CPTCL to 42%. CPTCL, established in 2006, is a joint venture among POWERGRID, IEDCL, Satluj Jal Vidyut Nigam Ltd (SJVNL), and Nepal Electricity Authority (NEA). It focuses on implementing the Indian section of the Muzaffarpur-Dhalkebar 400 kV double circuit cross-border transmission line connecting India and Nepal. Following the requisite payments and transfer of shares, POWERGRID finalized the acquisition on December 16, 2024. Shares of PGCIL Ltd ended at Rs 302.55, up by Rs 4.90, or 1.65% on the BSE on 17 Jan 2025.18 Jan, 2025 12:56 PMPower Grid Corporation Raises Stake in Cross Border Power Transmission
Power Grid Corporation of India Ltd, a state-owned entity, announced that it had acquired 77,30,225 equity shares of IL&FS Energy Development Company Ltd (IEDCL) in the joint venture Cross Border Power Transmission Company Ltd (CPTCL) for a total consideration of Rs 14.73 crore. This acquisition raises POWERGRID's shareholding in CPTCL to 42%.18 Jan, 2025 10:42 AMPower Grid Corporation Acquires 42% Stake in Cross Border Power Transmission
State-owned Power Grid Corporation of India Ltd (POWERGRID) on Friday (January 17) said it has acquired 77,30,225 equity shares of IL&FS Energy Development Company Ltd (IEDCL) in the joint venture Cross Border Power Transmission Company Ltd (CPTCL) for ₹14.73 crore. This acquisition increases POWERGRID's stake in CPTCL to 42%....this is to inform that Power Grid Corporation of India Limited has acquired 77,30,225 no. equity shares of IL&FS Energy Development Company Limited in the Joint Venture Company viz. Cross Border Power Transmission Company Limited, Power Grid Corporation of India said in a regulatory filing. CPTCL, established in 2006, is a joint venture among POWERGRID, IEDCL, Satluj Jal Vidyut Nigam Ltd (SJVNL), and Nepal Electricity Authority (NEA). It focuses on implementing the Indian section of the Muzaffarpur-Dhalkebar 400 kV double circuit cross-border transmission line connecting India and Nepal. The transaction is part of IEDCL's divestment plan, as mandated by the National Company Law Tribunal (NCLT) under its resolution framework. The divestment aligns with the Shareholders Agreement, allowing POWERGRID and other shareholders, SJVNL and NEA, to purchase shares proportionate to their existing holdings. Following the requisite payments and transfer of shares, POWERGRID finalised the acquisition on December 16, 2024. Shares of Power Grid Corporation of India Ltd ended at ₹302.55, up by ₹4.90, or 1.65% on the BSE.17 Jan, 2025 11:55 PMPower Grid Financials
Index Inclusions
Power Grid 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 Key Indicators
Power Grid Valuation
Power Grid in the last 5 years
Lowest (6.98x)
March 18, 2020
Today (17.92x)
January 17, 2025
Industry (25.75x)
January 17, 2025
Highest (21.66x)
September 26, 2024
Power Grid 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 5.20%.
Read More about Dividends
Power Grid Technicals Summary
Bearish
Neutral
Bullish
Power Grid Corporation of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Power Grid Corporation of India Ltd
Power Grid Corporation of India Ltd share price today stands at ₹302.6, Open. ₹297.65 ; Previous Close. ₹297.65 ; High. ₹305 ; Low. ₹295.7 ; 52 Week High. ₹366.25 ; 52 Week Low: ₹226.05.
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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 ₹305.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹295.7.
PE Ratio of Power Grid Corporation of India Ltd is 17.92
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 75.93L.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹276832.47Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹366.25 |
52 Week Low | ₹226.05 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹302.6. It is down -17.38% from its 52 Week High price of ₹366.25
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹302.6. It is up 33.86% from its 52 Week Low price of ₹226.05
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | 4.95% |
1 Month Returns | -5.89% |
3 Month Returns | -8.87% |
1 Year Returns | 29.62% |