May 30, 2018 / 5:59 AM / 24 days ago

BUZZ-India's Power Grid Corp rises on strong Q4 results

** Shares of power transmission company Power Grid Corp of India Ltd rise as much as 2.4 pct to 211.95 rupees, in biggest intraday pct gain in over 2 weeks

** March-qtr profit rises about 5 pct to 20.05 bln rupees ($296.1 mln)

** Revenue from operations jumps 16.5 pct to 78.11 bln rupees, with revenue from its largest segment - transmission - rising 13 pct

** However, other expenses surged 47 pct to 8.15 bln rupees; earnings miss analyst estimate, according to Thomson Reuters data

** More than 7.7 mln shares traded as of 0544 GMT, compared with the 30-day avg trading volume of 8.1 mln shares

$1 = 67.7225 Indian rupees

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