Power Grid Corporation of India Ltd (PGRD.BO)

PGRD.BO on Bombay Stock Exchange

107.15INR
17 Apr 2014
Price Change (% chg)

Rs-0.35 (-0.33%)
Prev Close
Rs107.50
Open
Rs107.10
Day's High
Rs107.35
Day's Low
Rs106.35
Volume
259,122
Avg. Vol
415,138
52-wk High
Rs116.70
52-wk Low
Rs86.70

PGRD.BO

Chart for PGRD.BO

About

Power Grid Corporation of India Limited (POWERGRID) is a holding company, which is engaged in the business of transmission of power. The Company’s segments are transmission, consultancy, telecom, regional load despatch centers (RLDCs) and unified load dispatch centers (ULDCs). POWERTEL is the Company’s brand in telecom business.... (more)

Overall

Beta: 0.61
Market Cap (Mil.): Rs563,442.19
Shares Outstanding (Mil.): 5,231.59
Dividend: 1.27
Yield (%): 2.24

Financials

  PGRD.BO Industry Sector
P/E (TTM): 17.56 26.04 29.28
EPS (TTM): 6.13 -- --
ROI: 4.45 3.35 7.39
ROE: 14.30 6.54 10.99
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Goldman starts Power Grid with 'buy' rating

Reuters Market Eye - Goldman Sachs initiates coverage on Indian power companies with a "buy" rating on Power Grid Corp of India Ltd, saying the sector could benefit from recent reforms, although the magnitude of power tariff hikes could be the biggest risk.

20 Jan 2014

MARKET EYE-Goldman starts India's Power Grid with 'buy' rating

* Goldman Sachs initiates coverage on Indian power companies with a "buy" rating on Power Grid Corp of India Ltd, saying the sector could benefit from recent reforms, although the magnitude of power tariff hikes could be the biggest risk. * Power Grid is up 1 percent, outperforming a 0.6 percent gain in the NSE index. * Goldman says recent reforms including higher coal availability and a debt restructuring of distribution companies could help support shares in the sector. * Goldman expects stat

20 Jan 2014

Power Grid slumps; shares from sale start trading

Reuters Market Eye - Shares in Power Grid Corp of India Ltd slump 3.5 percent as the 700 billion rupees of shares it recently sold became eligible to trade on Thursday.

19 Dec 2013

MARKET EYE-India's Power Grid slumps; shares from sale start trading

* Shares in Power Grid Corp of India Ltd slump 3.5 percent as the 700 billion rupees ($1.2 billion) of shares it recently sold became eligible to trade on Thursday. * The Indian government and the company itself ended up selling 601.86 million shares amid strong demand. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)

19 Dec 2013

NTPC, Tata Power fall on draft guidelines for sector

Reuters Market Eye - Shares of electric utilities drop after the power regulator tightened certain rules for tariffs and operations for the sector in its draft 2014-19 guidelines.

10 Dec 2013

Indian rupee gains ahead of poll results, U.S. jobs data

* Rupee ends at 61.41/42 per dlr vs 61.7525/7625 on Thursday * State election results due on Sunday * Foreign funds bid for $2.7 bln worth of Power Grid shares - exchange data By Subhadip Sircar MUMBAI, Dec 6 - The Indian rupee rose on Friday, notching up a third week of gains, while U.S. nonfarm payrolls data and state poll results are expected to determine whether the currency would sustain its recent winning run. The outcome of the state elections is due on Sund

06 Dec 2013

Power Grid may head lower after share sale: dealers

Reuters Market Eye - Power Grid Corp of India Ltd shares look ripe for profit-taking after rising nearly 6 percent since Monday's close on the back of good investor response to its $1.1 billion share sale, according to dealers.

06 Dec 2013

MARKET EYE-India's Power Grid may head lower after share sale: dealers

* Power Grid Corp of India Ltd shares look ripe for profit-taking after rising nearly 6 percent since Monday's close on the back of good investor response to its $1.1 billion share sale, according to dealers. * Dealers say the rally is being driven by sentiment and not by a change in fundamentals. * Shares sales in other state-run companies in the past have also faltered. * NTPC Ltd shares are almost flat since its $2.15 billion share sale in February from the government's minimum offer price,

06 Dec 2013

Power Grid $1.1 billion share sale fully covered

MUMBAI - A $1.1 billion share sale in state-run Power Grid Corp of India was fully covered on Wednesday, the second day of the offering, provisional data from the stock exchanges showed.

04 Dec 2013

Indian rupee gains on Power Grid share-sale inflows

* Rupee ends at 62.05/06 per dlr vs 62.36/37 on Tuesday * Power Grid's $1.1 bln share sale fully subscribed on 2nd day * Rupee faces key resistance at 61.9/dlr - technical charts By Subhadip Sircar MUMBAI, Dec 4 - The Indian rupee rose on Wednesday, helped by foreign inflows tied to a share sale from a state-run power transmission utility, even as other emerging market currencies were hit by fears of an early tapering of the U.S. monetary stimulus. The gains in the

04 Dec 2013

Earnings vs. Estimates

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