Powergrid share price

PowerGrid shares inched higher amid overall volatility on Dalal Street on Tuesday, as investors awaited the state-run power transmission company's financial results for the October-December period. The company will report its corporate earnings for the third quarter of the current financial year later in the day. The state-run power company's quarterly revenue is expected at Rs 10,798 crore, up 3.4 per cent compared with the corresponding period a year ago, according to the research. The analysts peg PowerGrid Corporation's margin — a key measure of profitability for a business — at 85 per cent for the third quarter of the year ending March 2023, as against 87.3 per cent for the year-ago period. PowerGrid Share Price History At 1 pm, the PowerGrid scrip was up 3.5 per cent at Rs 219 apiece on BSE, outperforming the headline indices Sensex and Nifty, which were down 0.2 per cent each. Also Read: PowerGrid shares have gained two per cent in value in the past six months, a period in which the 30-scrip index has risen 2.5 per cent. Antique Stock Broking has a 'buy' rating on the PowerGrid stock with a target price of Rs 257 per share — implying upside potential of around 21 per cent from its closing price on Monday. Follow this link for Zeebiz.com. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebo...

POWERGRID Infrastructure Investment Trust (“PGInvIT”/ “Trust”) was settled by Power Grid Corporation of India Limited as an irrevocable trust set up pursuant to the Trust Deed, under the provisions of the Indian Trusts Act, 1882. The Trust was registered with Securities and Exchange Board of India (“SEBI”) on January 7, 2021 as an infrastructure investment trust under Regulation 3(1) of the InvIT Regulations having registration number IN/InvIT/20-21/0016. IDBI Trusteeship Services Limited is the Trustee. Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under Ministry of Power, Govt. of India is the Sponsor of PGInvIT. The Sponsor’s equity shares are listed on the NSE and the BSE. POWERGRID Unchahar Transmission Limited has been appointed as the Investment Manager to the Trust while Power Grid Corporation of India Limited has been appointed as the Project Manager in respect of the Trust. The Initial Public Offer of PGInvIT opened on April 29, 2021 and closed on May 3, 2021. The Initial Public Offer comprised of a Fresh Issue of Rs.4,993.483 crore and an Offer for Sale of Rs.2,741.508 crore at the upper end (i.e. Rs.100 per Unit) of the Price Band of Rs.99-Rs.100, by the Selling Unitholder i.e. POWERGRID aggregating to the Total Offer Size of Rs.7,734.991 crore. The Units are listed on the NSE and the BSE with effect from May 14, 2021.

• The company has shown a good profit growth of 19.8132526405969% for the Past 3 years. • The Company has been maintaining an effective average operating margins of 86.9964920077861% in the last 5 years. • The company has a good cash flow management; CFO/PAT stands at 2.18053347653864. • The company has a high promoter holding of 51.34%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 10222 10446.08 10655.7 10746.37 11494.9 Total Expenditure 1345.3 1644.36 1697.55 1366.9 1360.44 Operating Profit 8876.7 8801.72 8958.15 9379.47 10134.46 Other Income 719.93 570.8 534.72 726.09 793.41 Interest 2102.66 1981.75 2205.81 3036.7 2519.99 Depreciation 3187.49 3202.62 3219.27 3304.1 3213.89 Exceptional Items 589.93 0 0 0 0 Profit Before Tax 4896.41 4188.15 4067.79 3764.76 5193.99 Tax -59.4 502.29 382.69 296.94 956.18 Profit After Tax 4955.81 3685.86 3685.1 3467.82 4237.81 Adjusted EPS (Rs) 7.1 5.28 5.28 4.97 6.08 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 29764.59 34119.12 36185.54 37665.65 39928.09 Total Expenditure 3818.68 4840.11 4784.58 4609.83 5007.32 Operating Profit 25945.91 29279.01 31400.96 33055.82 34920.77 Other Income 1005.62 1614.06 2133.19 3084.68 2408.72 Interest 7590.66 9203.42 9813.62 8724.11 8210.94 Depreciation 9091.25 10200.67 11073.18 11711.68 12550.58 Exceptional Items 3284.19 -2526.87 1683.4 -679.79 3236.85 Profit Before Tax 135...

Power Grid Corp. of India Ltd. is a holding company, which engages in the power transmission business. It operates through the following segments: Transmission Services, Telecom Services, and Consultancy Services. The Transmission Services segment refers to the transmission of bulk power across different states of India. The Telecom Services segment operates as a neutral carrier in the point-to-point bandwidth leasing business. The Consultancy Services segment provides consultancy services in the transmission, distribution and telecom sectors, including planning design, engineering, load dispatch, OPGW on intra state transmission network, procurement management, operation, and maintenance, financing and project management. The company was founded on October 23, 1989 and is headquartered in Gurgaon, India. PowerGrid Chart Stock is a company operating in the power transmission and distribution sector. As an integral part of the energy infrastructure, PowerGrid plays a crucial role in facilitating the transmission of electricity across regions. The company's robust financial performance, solid operation PowerGrid Chart Stock is a company operating in the power transmission and distribution sector. As an integral part of the energy infrastructure, PowerGrid plays a crucial role in facilitating the transmission of electricity across regions. The company's robust financial performance, solid operation NSE:POWERGRID One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or ...

At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Power Grid Corporation of India Ltd. (POWERGRID). If you are looking for stocks with good return, Power Grid Corporation of India Ltd. can be a profitable investment option. Power Grid Corporation of India Ltd. quote is equal to 246.400 INR at 2023-06-15. Based on our forecasts, a long-term increase is expected, the "POWERGRID" stock price prognosis for 2028-06-12 is 327.092 INR. With a 5-year investment, the revenue is expected to be around +32.75%. Your current $100 investment may be up to $132.75 in 2028. Date Price Min Price Max Price 2023-06-16 Price: 247.236 Min: 244.736 Max: 249.642 2023-06-19 Price: 247.366 Min: 244.853 Max: 249.860 2023-06-20 Price: 249.072 Min: 246.654 Max: 251.415 2023-06-21 Price: 250.793 Min: 248.299 Max: 253.164 2023-06-22 Price: 251.391 Min: 248.805 Max: 254.046 2023-06-23 Price: 252.227 Min: 249.806 Max: 254.664 2023-06-26 Price: 252.357 Min: 249.661 Max: 255.044 2023-06-27 Price: 254.063 Min: 251.200 Max: 256.792 2023-06-28 Price: 255.784 Min: 252.942 Max: 258.722 2023-06-29 Price: 256.383 Min: 253.545 Max: 259.479 Date Opening price Closing price Minimum price Maximum price 2023-06-14 Open: 246.450 Close: 246.450 Low: 246.450 High: 246.450 2023-06-13 Open: 242.450 Close: 242.450 Low: 242.450 High: 242.450 2023-06-12 Open: 241.700 Close: 241.700 Low: 241.700 High: 241.700 2023-06-09 Open: 244.750 Close: 244.750 Low: 244.750 High: 244.75...

APL Apollo: APL Apollo Tubes' (APL) Q3FY23 revenue increased 34 % YoY to INR43.2bn, led by strong volume growth (+50.2% YoY). The blended realisation, however, declined 10.8% YoY due to a greater contribution of low-margin general structure products in the mix (44% in Q2FY23 vs 35% YoY). Accordingly, EBITDA/ton, increased 17% QoQ (-10.2% YoY) to INR4,510 as stabilisation in global commodity prices led to a reduction in destocking in China and positive operating leverage in Raipur. EBITDA went up 34.9% YoY to INR2.7bn, led by high volume, but the margin remained constant YoY. PAT increased 46.3% YoY to INR1.6bn, the highest for any quarter to date. Management is contemplating expanding the capacity even beyond 4MT through bottlenecking. APL is expected to benefit from the FY23-24 budget push towards infrastructure and railways. Accordingly, estimated improved sales mix supported by domestic steel price recovery, and enhanced government infrastructure spending should drive both volume and EBITDA/ton. Hence we maintain our TP of INR1,333 and earnings estimates and retain our BUY rating. Aditya Birla Capital: Aditya Birla Capital (ABCL) reported a mixed bag with the lending businesses clocking a strong performance and the non-lending businesses witnessing a soft quarter. Both the lending businesses have been gradually repositioned towards retail and granular loans (two-thirds of NBFC AUM is towards Retail + SME + HNI, 42% of the HFC AUM is towards affordable loans), reflecting...

“Nifty has been inching gradually higher but facing difficulty in holding above 18,700 levels. Participants should maintain “buy on dips” approach till it holds 18,400. We reiterate our preference for sectors like auto, FMCG & realty and suggest picking selectively from the midcap and smallcap pack as well,” said Religare Broking Nifty Technical view “Banking index is currently hovering around the immediate support of short-term moving average i.e. 20 EMA. Mixed trend within the private banking space is keeping the participants guessing over the next directional move. We suggest limiting positions to select private banking majors and waiting for clarity,” Religare Broking said Bank Nifty Technical view