Power Grid Corporation climbs on commissioning new project
Power Grid Corporation Of India is currently trading at Rs. 255.45, up by 3.35 points or 1.33% from its previous closing of Rs. 252.10 on the BSE.
The scrip opened at Rs. 252.60 and has touched a high and low of Rs. 256.40 and Rs. 250.90 respectively. So far 287886 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 266.85 on 31-Jul-2023 and a 52 week low of Rs. 186.35 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 256.40 and Rs. 242.45 respectively. The current market cap of the company is Rs. 178571.59 crore.
The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 45.70% and 2.95% respectively.
Power Grid Corporation of India has commissioned project under ‘Transmission System Strengthening beyond Kolhapur for export of Power from Solar & Wind Energy Zones in Southern Region- RE- Conductoring of Kolhapur (PG) - Kolhapur 400 kV D/C Line’. The company has commissioned the project with effect from September 1, 2023.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.