The current market price of Power Grid Corporation of India Ltd. is Rs 194.4 Time period given by analyst is Intra Day when Power Grid Corporation of India Ltd. price can reach defined target.
Power Grid Corporation of India Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 135428.42 Crore) operating in Power sector.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue, Other Operating Revenue, Income From Telecom and Consultancy Income for the year ending 31-Mar-2020.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 10514.74 Crore, up 1.18 % from last quarter Total Income of Rs 10391.61 Crore and up 6.95 % from last year same quarter Total Income of Rs 9831.00 Crore. Company reported net profit after tax of Rs 3347.87 Crore in latest quarter.
Investment Rationale
Higher highs from the last four sessions and follow-up buying can be seen.
Promoter/FII Holdings
Promoters held 51.34 per cent stake in the company as of 30-Sep-2021, while FIIs owned 27.91 per cent, DIIs 8.34 per cent.
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