Equity Capital: 76,247.13 Cr FV: 10.00
|Period||MF Net Purchase / (sold)||FII Net|
|Feb 08, 2023||Dividend||50|
|Nov 14, 2022||Dividend||50|
|Aug 19, 2022||Dividend||22.5|
Power Grid Corporation of India Ltd. is the country’s largest electric power transmission utility. It is mainly engaged in the transmission of bulk power in different states of the country. It is owned by the Ministry of Power, Government of India. The company was incorporated in 1989 with its headquarters in Gurgaon. For the quarter ended June 2022, the company’s total income was Rs 11,168.54 crore, up 0.91% from the previous quarter ended March 2022. On 12 August 2022, the company’s market capitalisation stood at Rs 1,59,075 crore.
The company has been listed since 2007. Its Bombay Stock Exchange’s listing code is 532898, and the National Stock Exchange’s listing code is POWERGRID.
Power Grid Corporation of India Ltd. has been recognised as a Maharatna central public sector enterprise. It is also in the business segment of telecom and consultancy. It is one of the few telecom players with a marked presence in remote areas. During FY 2021-2022, the company recorded a total revenue of Rs 42,697.90 crore, up 4.59% from the previous financial year.
On 30 June 2022, the company’s shareholding pattern indicated a 51.34% promoter stake, 30.25% foreign institutional investor stake, 15.18% domestic institutional investor stake, and 3.23% public stake. The company’s foreign institutional investor stake increased from 29.35% to 30.25% during the same quarter.
The company’s chairman and managing director is Mr K Sreekant. The other board members include Mr Chetan Bansilal Kankariya, Mr K N Onkarappa, Mr M N Venkatesan, Mr Ram Naresh, Ms Seema Gupta, Mr Subir Sen, Mr S C Agarwal, Mr Abhay Choudhary, Mr Vinod Kumar Singh, and Mr Dilip Nigam. The auditors are Umamaheswara Rao & Co., T R Chadha & Co. LLP, P S D & Associates, and B M Chatrath & Co. LLP.
On 12 August 2022, Power Grid Corporation of India Ltd.’s share price closed at Rs 227.80 on BSE. On NSE, the company’s share price closed at Rs 228.05. The 52-week high for Power Grid Corporation of India Ltd.’s share price was Rs 248.35, and the 52-week low for Power Grid Corporation of India Ltd.’s share price was Rs 170.20.
The company’s peers in the power generation and distribution sector include NTPC, Adani Power, Adani Transmission, Tata Power, and JSW Energy.
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B-9 Qutab Institutional Area, Katwaria Sarai, New Delhi, New Delhi, 110016
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Sep|
You can buy Power Grid Corporation of India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Power Grid Corporation of India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2023 01:04 PM the closing price of Power Grid Corporation of India Ltd was ₹ 235.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of May 30, 2023 01:04 PM, the market cap of Power Grid Corporation of India Ltd stood at ₹ 163,923.15.
The latest PE ratio of Power Grid Corporation of India Ltd as of May 30, 2023 01:04 PM is 10.61
The latest PB ratio of Power Grid Corporation of India Ltd as of May 30, 2023 01:04 PM is 0.51
The 52-week high of Power Grid Corporation of India Ltd is ₹ 249.60 while the 52-week low is ₹ 186.35