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Power Grid Corporation Of India is currently trading at Rs. 330.55, up by 1.55 points or 0.47% from its previous closing of Rs. 329.00 on the BSE.

The scrip opened at Rs. 331.75 and has touched a high and low of Rs. 332.90 and Rs. 325.10 respectively. So far 177493 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 366.20 on 25-Sep-2024 and a 52 week low of Rs. 222.75 on 21-Dec-2023.

Last one week high and low of the scrip stood at Rs. 332.90 and Rs. 325.10 respectively. The current market cap of the company is Rs. 306175.88 crore.

The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 45.15% and 3.51% respectively.

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding for the two projects to establish Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis. The Letters of Intent (LoI) for both the projects have been received by Power Grid on December 12, 2024.

The first project is for transmission system under ISTS for evacuation of power from Kudankulam Unit-3 & Unit-4 (2x1000MW). The project comprises of 400kV Transmission line between KNPP 3 and 4 – Tuticorin-II traversing in the state of Tamil Nadu along with the terminal equipment at Tuticorin-II S/s.

The second project is for system Strengthening at Koppal-II and Gadag-II for integration of RE Generation Projects. The project comprises of 400kV Transmission line between Koppal-II – Gadag-II traversing in the state of Karnataka, and augmentation of transformation capacity of under construction substations of POWERGRID at Koppal-II and Gadag-II.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.