Expect double-digit IRR to continue on TBCB projects
New awarding critical even as valuations remain attractive
Expect double-digit IRR to continue on TBCB project..
Power Grid Corporation will seek its shareholders' approval in its upcoming Annual General Meeting on September 22, to raise Rs 10,000 crore from the domestic market ..
Despite COVID-19 disruption, Powergrid met its FY20 capex guidance. Its capitalization performance was also better than expected. This would mean better RoE..
Power Grid Corporation has reported an 18.15 per cent fall in its consolidated net profit for the April-June quarter at Rs 2,048.42 crore.
During the corresponding per..
Earnings in line on steady transmission performance
Valuations do not price in growth benefits
* Power Grid’s (PWGR) 4QFY20 results highlight steady perform..
Results beat estimates; Covid-19 impact minimal
* PGCIL’s asset capitalization declined 20.7% yoy to Rs73.2bnin Q4FY20 (Rs182.3bn in FY20), but aboveour estimate..
Technical Updates: Ichimoku Indicator Suggests Power Grid has a Bllish trend Directional Movement Indicator Suggests power Grid is in Bullish trend.
BUY POWERGRID ..
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