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Power Grid Corporation of India Limited is currently in a long term uptrend where the price is trading 13.1% above its 200 day moving average.
From a valuation standpoint, the stock is 36.2% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.9.
Power Grid Corporation of India Limited's total revenue rose by 8.3% to $101B since the same quarter in the previous year.
Its net income has increased by 45.8% to $34B since the same quarter in the previous year.
Finally, its free cash flow fell by 17.0% to $109B since the same quarter in the previous year.
Based on the above factors, Power Grid Corporation of India Limited gets an overall score of 4/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE752E01010 |
Sector | Utilities |
Industry | Utilities - Regulated Electric |
Beta | 0.26 |
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Market Cap | 3T |
PE Ratio | 18.11 |
Target Price | 319 |
Dividend Yield | 0.0% |
Power Grid Corporation of India Limited, an electric power transmission utility, engages in the power transmission business in India and internationally. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of 31 March 2025, the company owned and operated 180,195 circuit kilometers of transmission lines, and 282 substations with an aggregate transformation capacity of 551,961 mega volt amperes. It also provides telecom services that offer overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name, as well as lease lines, MPLS-VPN, data, infrastructure, and international long-distance services. In addition, it provides consultancy services to the transmission, distribution, and telecom sectors on system planning and feasibility studies; environmental and social studies; design and engineering; contract/procurement services; project management and construction supervision; capacity building; operation and maintenance; asset management; owners' and lenders' engineer services to utilities and funding institutions; preparation of grid code, tariff mechanisms, and market analysis; legal and technical advisory in power transmission; power system studies/DPR preparation; smart grid and EV charging; load despatch and communication; sub-transmission/distribution/rural electrification services; testing and quality assurance and inspection; energy efficiency; and preventive vigilance, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, green hydrogen production, smart metering, and data centers. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.
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