India Grid Trust Share Price

Description

• India Grid Trust is in the Power sector Infrastructure Investment Trust having the Market Capitalization of worth Rs. 8,040.40 crores, it is incorporated in the year 2016. It has reported the consolidated sales of Rs. 1,676.92 crores in March 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 540565, and also listed in the National Stock Exchange (NSE) with the code INDIGRID.

  IndiGrid is an Infrastructure investment trust backed by KKR & Sterlite Power and is the first listed infrastructure investment trust of the power sector in India. IndiGrid is primarily involved in the business of owning and investing in power transmission assets to ensure stable and sustainable returns for its unitholders. At the end of FY 19-20, the asset count of IndiGrid was 20 transmission lines and four substations covering 12 states and union territories in the country. In March 2021, IndiGrid InvIT acquired NER-II Transmission Ltd, a part of the Inter-State Transmission Scheme network, from Sterlite Power at an enterprise value of Rs. 4,625 crores. The promoters of the company currently hold 15% of the stake in the company while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 55.91% and 7.35% of the stake, respectively and the balance 21.74%, is owned by others (20.53% by retail investors and 1.21% in Mutual funds).

  In June 2021, quarterly net sales were Rs. 497.97 crores, which has increased by approximately 71.71% from Rs. 290.91 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 206.81 crores, which has fallen by 6.50% to a net profit of Rs. 221.19 crores in June 2020. In June 2021, operating profit was reported at Rs. 493.71 crores, which is up by approximately 71.94% from Rs. 287.14 crores for the quarter ending in June 2020. From Rs. 3.79 in June 2020, the EPS of Hindustan Copper has fallen to Rs. 3.08 in June 2021. INDIGRID’s stock closed at Rs. 137.15 on 13th August, 2021 (NSE) and has returned 2.85% in the last six months and 41.12% in the last year.

• India Grid Trust is in the Power sector Infrastructure Investment Trust having the Market Capitalization of worth Rs. 8,040.40 crores, it is incorporated in the year 2016. It has reported the consolidated sales of Rs. 1,676.92 crores in March 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 540565, and also listed in the National Stock Exchange (NSE) with the code INDIGRID.

  IndiGrid is an Infrastructure investment trust backed by KKR & Sterlite Power and is the first listed infrastructure investment trust of the power sector in India. IndiGrid is primarily involved in the business of owning and investing in power transmission assets to ensure stable and sustainable returns for its unitholders. At the end of FY 19-20, the asset count of IndiGrid was 20 transmission lines and four substations covering 12 states and union territories in the country. In March 2021, IndiGrid InvIT acquired NER-II Transmission Ltd, a part of the Inter-State Transmission Scheme network, from Sterlite Power at an enterprise value of Rs. 4,625 crores. The promoters of the company currently hold 15% of the stake in the company while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 55.91% and 7.35% of the stake, respectively and the balance 21.74%, is owned by others (20.53% by retail investors and 1.21% in Mutual funds).

  In June 2021, quarterly net sales were Rs. 497.97 crores, which has increased by approximately 71.71% from Rs. 290.91 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 206.81 crores, which has fallen by 6.50% to a net profit of Rs. 221.19 crores in June 2020. In June 2021, operating profit was reported at Rs. 493.71 crores, which is up by approximately 71.94% from Rs. 287.14 crores for the quarter ending in June 2020. From Rs. 3.79 in June 2020, the EPS of Hindustan Copper has fallen to Rs. 3.08 in June 2021. INDIGRID’s stock closed at Rs. 137.15 on 13th August, 2021 (NSE) and has returned 2.85% in the last six months and 41.12% in the last year.