Power Grid Corporation of India (PGCIL) is currently trading at Rs. 99.25, up by 0.40 points or 0.40% from its previous closing of Rs. 98.85 on the BSE.
The scrip opened at Rs. 99.90 and has touched a high and low of Rs. 100.30 and Rs. 99.25 respectively. So far 15,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.35 on 15-Jul-2011 and a 52 week low of Rs. 93.60 on 12-Sep-2011.
Last one week high and low of the scrip stood at Rs. 101.70 and Rs. 97.35 respectively. The current market cap of the company is Rs. 45,950.00 crore.
The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 21.42% and 9.16% respectively.
Power Grid Corporation of India has received nod for four investment proposal. The first investment approval is for system strengthening in North/West part of WR for IPP projects in Chhattisgarh at an estimated cost of Rs 1,746.65 crore, with commissioning schedule of 32 months from the date of investment approval.
While, the second is for system strengthening in Southern Region-XIV at an estimated cost of Rs 297.33 crore, with commissioning schedule of 32 months from the date of investment approval.
The company has received third investment approval for immediate evacuation system associated with Barh-II TPS at an estimated cost of Rs 901.77 crore, with commissioning schedule of 32 months from the date of investment approval.
Further, the fourth approval is for transmission system for Phase-I generation projects in Jharkhand and West Bengal - Part A2 at an estimated cost of Rs 2,422.66 crore, with commissioning schedule of 32 months from the date of investment approval. The board at its meeting held on December 27, 2011 has considered and approved the same.
PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.
Company Name | CMP |
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NTPC | 356.10 |
Tata Power | 408.45 |
Power Grid Corp | 325.80 |
Adani Power | 476.15 |
Torrent Power | 1583.00 |
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