-
1 Comment
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 | 0.32 |
---|---|
Market Cap | 3T |
PE Ratio | 18.47 |
Target Price | 329.8333 |
Dividend Yield | 5.0% |
Power Grid Corporation of India Limited, an electric power transmission utility, engages in the transmission of power in India and internationally. The company operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of June 30, 2024, it owned and operated 1,77,790 circuit kilometers of transmission lines, as well as 278 substations with transformation capacity of 5,28,761 mega volt ampere. The company also provides consultancy services, including power system planning and techno-economic feasibility studies; environmental and social impact assessment; design and engineering; procurement assistance; project management and construction supervision; asset management; and other services, such as owners' and lenders' engineer service; grid code and tariff mechanisms preparation; legal and technical advisory; and market analysis advisory services, as well as renewable energy certificate mechanism implementation. In addition, it provides overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name; and operates electric vehicle charging stations. 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.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for POWERGRID.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025