🔔 Acquisition Alert
Power Grid Corporation of India Ltd has acquired Bikaner A Power Transmission Ltd for Rs 18.47 crore to establish a transmission system in Rajasthan.
Power Grid Corporation of India Ltd Analyst Rating
based on 22 analysts
50.00%
Buy
18.18%
Hold
31.82%
Sell
Based on 22 analysts offering long term price targets for Power Grid Corporation of India Ltd. An average target of ₹331.27
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 of0.45%
High
₹425
Target
₹331.27
Low
₹219
Power Grid Corporation of India Ltd target price ₹331.27, a slight upside of 0.45% compared to current price of ₹322.7. 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, FY2026:7.56%
Forecast
Actual
Including amortisation and stock based compensations
Power Grid Corporation of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:10.63%
Forecast
Actual
Source: S&P Global Market Intelligence
Power Grid Corporation of India Ltd Performance
Day's Low
Day's High
₹321.8₹332.552 Week's Low
52 Week's High
₹205.7₹366.25
| Returns % | |
| 1 Month Return | -0.27 % |
| 3 Month Return | -3.33 % |
| 1 Year Return | + 55.57 % |
| Market Stats | |
| Previous Close | ₹329.80 |
| Open | ₹331.50 |
| Volume | 1.21Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,06,733.91Cr |
Power Grid Corporation of India Ltd Key Statistics
| P/E Ratio | 19.53 |
| PEG Ratio | 14.26 |
| Market Cap | ₹3,06,733.91 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 |
|---|---|---|---|---|---|---|
| HOLD | ₹3,06,733.91 Cr | 41.96% | 0.80 | ₹15,573 Cr | ₹45,843 Cr | |
| BUY | ₹3,80,642.63 Cr | 46.37% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹1,37,878.90 Cr | 135.78% | 0.80 | ₹4,280 Cr | ₹61,448 Cr | |
| BUY | ₹1,08,349.69 Cr | 45.72% | 0.66 | ₹1,195 Cr | ₹16,607 Cr | |
| HOLD | ₹81,445.14 Cr | 48.57% | 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: ₹322.70 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹3,06,733.91Cr 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
Power Grid Acquires Transmission Project in Rajasthan - 12 Nov, 2024
Power Grid Corporation of India has acquired Bikaner A Power Transmission Ltd to establish a transmission system in Rajasthan, secured through competitive bidding. The acquisition is valued at approximately Rs 18.47 crore.
Power Grid Boosts Capex Guidance Amid Flat Profits - 11 Nov, 2024
Power Grid Corporation of India has increased its FY27 capex target to Rs 40,000 crore, indicating a robust growth outlook despite reporting flat profits in Q2. Analysts have mixed views on the stock's valuation, with some seeing potential upside while others consider it expensive.
Power Grid Corporation Declares Dividend and Shows Bullish Potential - 10 Nov, 2024
Power Grid Corporation approved a Rs 4.50 interim dividend, with a record date of November 14, 2024. The company reported slight increases in net sales and profit for Q2FY25. Technical indicators suggest a potential bullish reversal, with targets of Rs 340 and Rs 360, supported by increased trading volume and a favorable buying opportunity on dips.
Power Grid Corporation Gains from Project Transfer and Sales Growth - 08 Nov, 2024
Power Grid Corporation of India Ltd has taken over two transmission projects from PFC, while also reporting a slight increase in net sales for September 2024.
Power Grid Reports Flat Q2 Results and Dividend Announcement - 07 Nov, 2024
Power Grid Corporation of India reported a flat net profit of ₹3,793.02 crore for Q2 FY25, with a decline in EBITDA. The company announced a first interim dividend of ₹4.50 per share, with shares dropping nearly 2% following the results announcement.
Power Grid Reports Flat Profit, Declares Dividend - 06 Nov, 2024
Power Grid Corporation of India reported a flat net profit of ₹3,793 crore for Q2 FY25, with total income increasing. The board declared a ₹4.50 interim dividend per share, payable on December 4.
NBCC Partners with Power Grid for Renovation Project - 05 Nov, 2024
NBCC (India) Ltd has signed an MoU with Power Grid Corporation to renovate its corporate building in Gurugram for Rs 186.47 crore. This partnership highlights Power Grid's ongoing infrastructure development efforts.
NBCC Partners with Power Grid for Renovation Project - 04 Nov, 2024
NBCC (India) Ltd has signed a Memorandum of Understanding with Power Grid Corporation of India Ltd to renovate its corporate building in Gurugram at a cost of Rs 186.47 crore, covering various renovation works.
Power Grid Corporation Secures Major Renovation Contract - 01 Nov, 2024
Power Grid Corporation of India Ltd has awarded a ₹186.46 crore renovation contract for its corporate office in Gurugram to NBCC, enhancing its operational infrastructure.
Power Grid Announces Results and Major Projects - 29 Oct, 2024
Power Grid Corporation is set to release Q2 FY25 results and may declare an interim dividend. The company also secured three major projects and revised its capex plan to Rs 1,80,000 million.
Power Grid Corporation Positioned for Growth - 28 Oct, 2024
Power Grid Corporation is set to benefit from increased capex, projected to rise significantly by 2026-27. With a strong order pipeline and opportunities in green energy transmission, the company is well-positioned for growth compared to private sector competitors.
Power Grid Secures Major Projects and Celebrates Milestone - 25 Oct, 2024
Power Grid Corporation has secured a significant transmission project in Gujarat and celebrated its 35th Raising Day, showcasing its achievements in energy transition and grid synchronization.
Power Grid Secures Projects and Raises Funds - 24 Oct, 2024
Power Grid Corporation of India has approved a significant investment for a Rajasthan project, won a Gujarat transmission project, and raised Rs 5,000 crore through bonds.
Power Grid Wins Major Transmission Project in Rajasthan - 23 Oct, 2024
Power Grid Corporation has been declared the successful bidder for an inter-state transmission system in Rajasthan, including significant infrastructure developments. The company also plans to raise up to Rs 5,000 crore through bond issuance.
Power Grid Secures Projects and Raises Funds - 22 Oct, 2024
Power Grid Corporation of India Ltd has secured significant transmission projects in Rajasthan and announced plans to raise funds through bond issuance, enhancing its renewable energy infrastructure capabilities.
JM Financial Projects 17% Upside for Power Grid - 19 Oct, 2024
JM Financial has identified Power Grid Corporation as a Diwali stock pick, forecasting a 17% rise to ₹383 within 6-12 months. The company is expected to benefit from strong capex recovery, robust earnings visibility, and growth in transmission and data center projects, with significant planned investments and an attractive dividend yield. However, risks include slower project capitalisation and rising competition.
Power Grid Expands Portfolio with Major Acquisitions - 16 Oct, 2024
Power Grid Corporation of India has acquired three special purpose vehicles for renewable energy transmission projects worth ₹8,769 crore, enhancing its operational capabilities and regional infrastructure. The acquisitions include two projects in Gujarat aimed at strengthening power transmission capacity.
Power Grid Corporation Secures Key Transmission Projects - 15 Oct, 2024
Power Grid Corporation of India Ltd has secured two transmission projects in Gujarat and emerged as the transmission service provider for the Rajasthan-IV project, enhancing its operational footprint.
Power Grid Stock Faces Analyst Downgrades and Concerns - 14 Oct, 2024
Power Grid Corporation has seen significant downgrades from analysts due to valuation concerns, a shift towards renewable energy, and slowing demand. Despite a strong rally, analysts remain cautious about future profitability and market conditions.
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 IMPACTProfit 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
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
Price Rise
In the last 7 days, POWERGRID stock has moved up by 4.2%
NO EFFECTAgainst Peers
In the last 1 year, Tata Power Company Ltd has given 70.5% return, outperforming this stock by 14.9%
- NO EFFECT
Against Peers
In the last 3 years, NHPC Ltd has given 151.0% return, outperforming this stock by 9.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.34% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 3.60% to 3.50% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 28.73% to 28.26% in Sep 2024 quarter
News
Power Grid dividend 2024 record date: Check amount, ex-date and payment date
PowerGrid dividend 2024 record date: In the board meeting on May 22, the board announced a final dividend of Rs 2.75 per share (27.5%) for the Financial Year 2023-24. This final dividend is in addition to the 1st interim dividend of Rs 4 per share (40%) and 2nd interim dividend of Rs 4.50 per share (45%) for the financial year 2023-24., Markets News, ET Now31 Jul, 2024 09:12 AMPower Grid Share Price Live blog for 01 Aug 2024
Power Grid Share Price Today Live Updates : Power Grid stock price went down today, 01 Aug 2024, by -0.3 %. The stock closed at 349.65 per share. The stock is currently trading at 348.6 per share. Investors should monitor Power Grid stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:01 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 (19.53x)
November 11, 2024
Industry (28.44x)
November 11, 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 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 3.49%.
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 Neutral trading position according to technical analysis indicators.
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Power Grid Corporation of India Ltd (POWERGRID) share price today is ₹322.7
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 ₹332.5.
- Today’s lowest price of Power Grid Corporation of India Ltd is ₹321.8.
PE Ratio of Power Grid Corporation of India Ltd is 19.53
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 1.21Cr.
Today’s market capitalisation of Power Grid Corporation of India Ltd(POWERGRID) is ₹306733.91Cr.
| Power Grid Corporation of India Ltd(POWERGRID | Price |
|---|---|
52 Week High | ₹366.25 |
52 Week Low | ₹205.7 |
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹322.7. It is down -11.89% from its 52 Week High price of ₹366.25
Power Grid Corporation of India Ltd(POWERGRID) share price is ₹322.7. It is up 56.88% from its 52 Week Low price of ₹205.7
| Power Grid Corporation of India Ltd(POWERGRID | Returns |
|---|---|
1 Day Returns | -7.1% |
1 Month Returns | -0.27% |
3 Month Returns | -3.33% |
1 Year Returns | 55.57% |