Power Grid Corporation of India Ltd Analyst Rating
based on 22 analysts
54.55%
Buy
13.64%
Hold
31.82%
Sell
Based on 22 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹339.68
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Share analysis
Power Grid Corporation of India Ltd price forecast by 22 analysts
Upside of5.61%
High
₹426
Target
₹339.68
Low
₹232
Power Grid Corporation of India Ltd target price ₹339.68, a slight upside of 5.61% compared to current price of ₹315.8. According to 22 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Power Grid Corporation of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.65%
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
₹313.6Day's Price Range₹325.652 Week's Low
52 Week's High
₹222.752-Week Price Range₹366.25
| Returns % | |
| 1 Month Return | -1.3 % |
| 3 Month Return | -5.72 % |
| 1 Year Return | + 38.43 % |
| Market Stats | |
| Previous Close | ₹321.65 |
| Open | ₹321.30 |
| Volume | 1.40Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,99,060.92Cr |
Power Grid Corporation of India Ltd Key Statistics
| P/E Ratio | 19.04 |
| PEG Ratio | 13.9 |
| Market Cap | ₹2,99,060.92 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 | ₹2,99,060.92 Cr | 41.55% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹3,31,383.57 Cr | 38.88% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,32,606.59 Cr | 128.02% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹95,363.82 Cr | 27.89% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹84,016.67 Cr | 50.96% | 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: ₹315.80 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,99,060.92Cr 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 |
Key events for Power Grid Corporation of India Ltd
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.Power Grid Corporation Approves Rs 4,250 Crore Bond Issue - 18 Dec, 2024
Power Grid Corporation of India Ltd's board has approved raising up to Rs 4,250 crore through the issuance of unsecured, non-convertible bonds. The bonds will be redeemable at par after 10 years, with annual interest payments. Following the announcement, shares fell by approximately 2.77%.PowerGrid Inaugurates Skill Development Centre - 16 Dec, 2024
PowerGrid has inaugurated a Skill Development Centre at Banka Sub-station, aimed at providing training in tower stringing and erection for power transmission.PowerGrid Secures Projects and Promotes Education Initiatives - 13 Dec, 2024
PowerGrid Corporation has emerged as a successful bidder for two significant transmission projects in Tamil Nadu and Karnataka. Additionally, it signed MoUs to support girls' education in Gurugram, enhancing infrastructure and equipment at local colleges.Power Grid Secures Major Transmission Projects - 12 Dec, 2024
Power Grid Corporation of India Limited has won bids for two significant inter-state transmission projects in Tamil Nadu and Karnataka, enhancing power evacuation and renewable energy integration.EESL Joint Venture Established for Energy Efficiency - 08 Dec, 2024
Energy Efficiency Services Limited (EESL), a joint venture involving POWERGRID and others, was set up to facilitate energy efficiency projects under the Ministry of Power.POWERGRID Partners with IIT Roorkee for Innovation - 07 Dec, 2024
Power Grid Corporation of India Ltd signed a MoU with IIT Roorkee to establish Centres of Excellence, enhancing technological innovation and benefiting 11,000 students annually.Power Grid Declares Dividend and Expands Projects - 05 Dec, 2024
Power Grid Corporation of India Ltd announced a Rs 2067.68 crore dividend for FY25. The company is also focusing on expanding its transmission network to support renewable energy and has received approval for the Eastern Region Expansion Scheme-44, estimated to cost Rs 385.77 crore.Power Grid Announces Senior Management Changes - 02 Dec, 2024
Power Grid Corporation of India has announced the promotion of Rajesh Wadhwa, Rajesh Gupta, and A Sensarma to Executive Director positions, effective December 2, 2024.KEC International Secures Major Orders from PGCIL - 28 Nov, 2024
KEC International Ltd. has secured turnkey orders worth Rs. 1,704 crores in India's Transmission & Distribution sector from Power Grid Corporation of India Limited for the design, supply, and installation of 765 kV transmission lines and GIS substations.KEC International Secures Major Orders from Power Grid - 27 Nov, 2024
KEC International Ltd announced securing turnkey orders worth Rs 1,704 crore from Power Grid Corporation of India Ltd for its Transmission & Distribution business.Power Grid Secures Major Renewable Energy Projects - 26 Nov, 2024
Power Grid Corporation of India has been awarded multiple projects, including HVDC links and inter-state transmission systems, while reporting a rise in net profit for Q2 FY25.Power Grid Secures Key Projects for Infrastructure - 25 Nov, 2024
Power Grid Corporation has secured significant projects, including an HVDC link for renewable energy and an inter-state transmission project to strengthen northern India's power infrastructure.Power Grid Shows Signs of Recovery and Growth - 22 Nov, 2024
Power Grid Corporation of India Ltd is experiencing a recovery, rebounding from Rs320 support, with bullish indicators suggesting a potential upward trend. The stock is up 57.59% year-over-year.
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
MF Holding Up
Mutual Funds have increased holdings from 11.61% to 12.26% in Sep 2024 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
NO EFFECTAgainst Peers
In the last 3 years, NHPC Ltd has given 184.5% return, outperforming this stock by 80.2%
- 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 7 days, POWERGRID stock has moved down by -2.3%
News
Adani Group's Big Plan For Bihar: Rs 20,000-Crore Power Plant and More
The Adani Group announced that the conglomerate plans to invest Rs 27,900 crore in Bihar, potentially creating 53,500 jobs in the state. Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday made these announcements at the Bihar Business Connect 2024 summit in Patna. The Group remains the largest private investor in Bihar. In three sectors, logistics, gas distribution and agri-logistics, we have already invested around Rs 850 crore and have also created around 25,000 direct and indirect employment opportunities. Furthermore, he said that the Group is planning to invest Rs 2300 crore in these sectors which will eventually increase the Adani Groups warehousing and handling capacity and expand its presence in the EV, CGD (city gas distribution) and CBG (compressed biogas) space. The investment is also expected to bring an additional 27,000 direct and indirect local job opportunities. The Adani Group is collaborating with the Bihar government to explore an additional investment of Rs 1,000 crore in strategic infrastructure projects, including Gati Shakti Railway Terminals, inland container depots (ICDs), and industrial warehousing parks. Additionally, the group plans to invest Rs 2,100 crore to manufacture and install over 28 lakh smart meters in Siwan, Gopalganj, Vaishali, Saran, and Samastipur, automating power consumption and monitoring. This initiative is expected to generate at least 4,000 local jobs in the technology sector. The Adani Group has also commenced work on its greenfield cement plant in Warisaliganj and intends to invest Rs 2,500 crore in Bihar to establish a 10 MMTPA cement manufacturing capacity in multiple phases. This project is projected to create 9,000 direct and indirect jobs. We are also exploring investment avenues in Bihars energy sector. Our plan is to invest around Rs 20,000 crore to set up an ultra-supercritical thermal power plant.21 Dec, 2024 08:55 AMAdani Group Plans Rs 28,000-Cr Investment in Bihar
Billionaire Gautam Adanis group will invest about Rs28,000 crore in setting up a ultra-super critical thermal power plant as well as expanding cement production capacity, food processing and logistics business in Bihar as the ports-to-energy conglomerate charts aggressive growth plans. Pranav Adani, Director, Adani Enterprises Ltd, made the announcement at the Bihar Business Connect 2024 here. The group is aggressively pursuing growth strategy, expanding in core business and pursuing new opportunities. In general, our plans have the potential of creating as many as 53,500 jobs in the state. We are also exploring investment avenues in Bihars energy sector. Our plan is to invest around Rs 20,000 crore to set up an ultra-super critical thermal power plant, he said.21 Dec, 2024 07:20 AMAdani Case: US DoJ Attorney Resignation and Implications
The US Department of Justices (DoJ) indictment of Adani Group officials in an alleged bribery case is extremely flimsy, senior advocate Mahesh Jethmalani said on Friday, as Breon Peace, the US Attorney behind the case, announced his resignation. According to reports, Brooklyn US Attorney Peace, who presented charges against Adani Group officials, has announced to step down on January 10, just days away from Donald Trump's inauguration as the next US President on January 20. 53-yr-old Peace, who was appointed by outgoing US President Joe Biden in 2021, will be replaced by First Assistant US Attorney Carolyn Pokorny. The Adani case in US court was already a very diluted case. There was no evidence or basis to the indictment. The uproar by the Opposition over the issue in the Indian Parliament is baseless, Jethmalani was quoted as saying in media reports. Peaces resignation was on expected lines as he was likely to be asked by the next US administration under Trump to step down. Peaces tenure included high-profile cases such as singer R Kellys trial for sex-trafficking, a fraud indictment of Indian billionaire Gautam Adani and the criminal conviction of a US Congressman.21 Dec, 2024 06:50 AMPower Grid Corporation of India Ltd Financials
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 (19.04x)
December 19, 2024
Industry (26.97x)
December 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 4.99%.
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 Bearish trading position according to technical analysis indicators.
FAQs on Power Grid Corporation of India Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Power Grid Corporation of India Ltd shares.
Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹315.8
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 ₹325.6.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹313.6.
PE Ratio of Power Grid Corporation of India Ltd is 19.04
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 1.40Cr.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹299060.92Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹366.25 |
52 Week Low | ₹222.7 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹315.8. It is down -13.77% from its 52 Week High price of ₹366.25
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹315.8. It is up 41.81% from its 52 Week Low price of ₹222.7
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | -5.85% |
1 Month Returns | -1.3% |
3 Month Returns | -5.72% |
1 Year Returns | 38.43% |