Analyst Rating
based on 21 analysts
47.62%
Buy
14.29%
Hold
38.10%
Sell
Based on 21 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹322.76
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Share analysis
Power Grid Corporation of India Ltd price forecast by 21 analysts
Downside of
High
₹400
Target
₹322.76
Low
₹217
Power Grid Corporation of India Ltd target price ₹322.76, a slight downside of -4.2% compared to current price of ₹334.3. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Power Grid Corporation of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:7.69%
Forecast
Actual
Including amortisation and stock based compensations
Power Grid Corporation of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:9.80%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹333.1₹338.952 Week's Low
52 Week's High
₹193.75₹362.5
| Returns % | |
| 1 Month Return | -1 % |
| 3 Month Return | + 1.54 % |
| 1 Year Return | + 68.37 % |
| Market Stats | |
| Previous Close | ₹336.90 |
| Open | ₹338.50 |
| Volume | 65.83L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,13,337.34Cr |
Key Statistics
| P/E Ratio | 19.89 |
| PEG Ratio | 12.77 |
| Market Cap | ₹3,13,337.34 Cr |
| P/B Ratio | 2.97 |
| EPS | 16.74 |
| Dividend Yield | 4.06 |
| Sector | Power Generation & Distribution |
| ROE | 18.24 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹3,13,337.34 Cr | 39.29% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹4,03,672.21 Cr | 47.97% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,42,224.56 Cr | 118.99% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹1,18,806.85 Cr | 68.42% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹95,930.08 Cr | 60.08% | 0.74 | ₹4,028 Cr | ₹9,659 Cr |
Company Information
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: ₹334.30 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹3,13,337.34Cr as of today
Revenue: ₹11,006.18Cr as on June 2024 (Q2 24)
Net Profit: ₹3,723.92Cr as on June 2024 (Q2 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
Power Grid Wins Bid for Madhya Pradesh Project - 19 Sep, 2024
Power Grid Corporation has been awarded a Letter of Intent to establish an inter-state transmission system in Madhya Pradesh, including a new substation and transmission lines.
Power Grid Wins Major Transmission Project - 18 Sep, 2024
Power Grid Corporation of India Ltd has been awarded a significant inter-state transmission project to enhance power evacuation from Rajasthan's renewable energy zones. The project includes establishing a new sub-station in Madhya Pradesh and is expected to strengthen India's clean energy infrastructure. Despite a slight decline in share price, the stock has surged over 40% this year.
Power Grid Corporation Offers Competitive Dividend Yield - 16 Sep, 2024
Power Grid Corporation of India Ltd has achieved a dividend yield of 3%, with a dividend per share of ₹11.25 over the last 12 months, as reported by Axis Data.
Power Grid Wins Gujarat Transmission Project Bid - 13 Sep, 2024
Power Grid Corporation of India has been awarded a project to augment transformation capacity at Jam Khambhaliya, Gujarat. The company reported a 3.52% increase in Q1 FY25 net profit, while revenue slightly declined. Shares rose by 0.80% to Rs 340.50.
Power Grid Wins Bid for Capacity Augmentation - 12 Sep, 2024
Power Grid Corporation of India Ltd has been declared the successful bidder for augmenting transformation capacity at Jam Khambhaliya in Gujarat, indicating growth potential.
Powergrid Shares Dip After Block Trade - 06 Sep, 2024
Powergrid Corporation shares fell 1.4% following a block trade of 2.09 million shares. Despite this dip, the stock has risen 37% this year and 71% over the past 12 months.
Power Grid Acquires Bhadla-III & Bikaner-III Transmission - 31 Aug, 2024
Power Grid Corporation of India has successfully acquired the Bhadla-III and Bikaner-III Transmission project through tariff-based competitive bidding, enhancing transmission capabilities in Rajasthan.
Power Grid Acquires Rajasthan Transmission Projects - 30 Aug, 2024
Power Grid Corporation of India has successfully acquired Bhadla-III and Bikaner-III Transmission Ltd through competitive bidding, enhancing its transmission capabilities in Rajasthan.
Power Grid Acquires SPV for Bhadla-III Project - 29 Aug, 2024
Power Grid Corporation of India has successfully acquired a special purpose vehicle for the evacuation of power from the Bhadla-III power station, enhancing its project pipeline and growth prospects in the renewable energy sector.
Power Grid Acquires Bhadla-III Power Transmission SPV - 28 Aug, 2024
Power Grid Corporation of India has successfully acquired the Bhadla-III Power Transmission special purpose vehicle for power evacuation in Rajasthan, enhancing its renewable energy infrastructure. The project is expected to be operational within 18 months.
POWERGRID Showcases India's Power Sector at CIGRE - 27 Aug, 2024
POWERGRID inaugurated the India Pavilion at the CIGRE Paris Exhibition 2024, highlighting India's advancements in the power sector. Dignitaries unveiled brochures for POWERGRID CIGRE and GRIDCON-2025.
Power Grid Secures Approval to Increase Borrowing Limit - 24 Aug, 2024
Power Grid Corporation of India has received shareholder approval to raise its borrowing limit to Rs 15,000 crore for FY24-25, supporting expansion plans. Additionally, a proposal to raise Rs 16,000 crore for FY25-26 was also approved.
Power Grid Secures Funding and Acquires Transmission Projects - 23 Aug, 2024
Power Grid Corporation has received shareholder approval to increase its borrowing limit to Rs 15,000 crore for expansion. Additionally, it has acquired two project SPVs for transmission systems aimed at enhancing green energy evacuation in Rajasthan and Madhya Pradesh.
Power Grid Acquires SPVs for Green Energy Projects - 22 Aug, 2024
Power Grid Corporation has acquired Sirohi Transmission Limited and Beawar-Mandsaur Transmission Ltd from PFC Consulting Ltd, enhancing India's transmission infrastructure for renewable energy. The projects aim to reduce fossil fuel dependence and are expected to be completed within 24 months.
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 IMPACTPrice Rise
In the last 7 days, POWERGRID stock has moved up by 1.1%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.91% to 11.61% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 3.56% to 3.60% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, NHPC Ltd has given 241.7% return, outperforming this stock by 87.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, NHPC Ltd has given 76.2% return, outperforming this stock by 7.8%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 29.83% to 28.73% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 4.16K Cr → 3.72K Cr (in ₹), with an average decrease of 10.6% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 12.36K Cr → 11.30K Cr (in ₹), with an average decrease of 8.6% per quarter
News
HUL's ad spend rises by 11% to Rs 1,644 crore in June quarter of FY25
HUL's consolidated spending in the June quarter of FY25 on ads and promotions was up by 11.6% to Rs 1,681 crore from Rs 1,505 crore30 Jul, 2024 02:31 PMTraders' Diary: Buy, sell or hold strategy on HUL, GAIL, Samvardhana Motherson, Dixon Tech, Petronet LNG, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday, July 31, 2024.31 Jul, 2024 08:20 AMTop 10 Stocks To Buy Today: Johnson, Birlasoft, HUL, Dixon Tech, GAIL, Gland Pharma, Samvardhana Motherson, Dhanlaxmi Bank, TVS Supply
Buy TVS Supply shares in the cash segment for a target of Rs 205 with a stop loss at Rs 19231 Jul, 2024 10:09 AMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.34% | 0.00 | |
| Foreign Institutions | 28.73% | ||
| Mutual Funds | 11.61% | 6.40 | |
| Retail Investors | 3.6% | 1.37 | |
| Others | 4.72% | 8.04 |
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 (19.89x)
September 17, 2024
Industry (30.90x)
September 17, 2024
Highest (21.32x)
August 1, 2024
Earnings and Dividends
Power Grid Corporation of India Ltd Earnings Results
Power Grid Corporation of India Ltd’s net profit jumped 3.52% since last year same period to ₹3,723.92Cr in the Q1 2024-2025. On a quarterly growth basis, Power Grid Corporation of India Ltd has generated -10.62% fall in its net profits since last 3-months.
Read More about Earnings ResultsPower Grid Corporation of India Ltd Dividends May,2024
In the quarter ending March 2024, Power Grid Corporation of India Ltd has declared dividend of ₹2.75 - translating a dividend yield of 3.34%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Power Grid Corporation of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹334.3
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 ₹338.9.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹333.1.
PE Ratio of Power Grid Corporation of India Ltd is 19.89
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 65.83L.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹313337.34Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹362.5 |
52 Week Low | ₹193.75 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹334.3. It is down -7.78% from its 52 Week High price of ₹362.5
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹334.3. It is up 72.54% from its 52 Week Low price of ₹193.75
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | -2.6% |
1 Month Returns | -1% |
3 Month Returns | 1.54% |
1 Year Returns | 68.37% |