Power Grid Corporation of India Limited’s stock is trading at ₹262.65 at 11:30 AM on the NSE, reflecting a slight decrease of ₹0.55 or 0.21% from its previous closing of ₹263.20.
The stock opened at ₹263.85 and reached a high of ₹265.00, while its lowest point during the trading session was ₹260.20. The indicative close price stands at ₹261.83, with a volume-weighted average price (VWAP) of ₹261.83.
This project includes setting up a new 765kV / 400kV / 220kV Pooling Sub-Station near Davangere / Chitradurga, and a new 400kV / 220kV Pooling Sub-Station near Bellary.
It also involves the construction of 765kV & 400kV D/C Transmission Lines and the upgrade of existing sub-stations and transmission lines. The entire work will be carried out in Karnataka, the company said in a press release on the stock exchanges.
This project involves the augmentation of ICT works at both existing and under-construction sub-stations located in Rajasthan.
The Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility. It is a ‘Maharatna’ company under the Ministry of Power, GoI. As of 31 December 2024, the Government of India held a 51.34% stake in the company.
For the third quarter of FY25, the company’s consolidated net profit decreased by 4.1%, reaching ₹3,861.63 crore compared to ₹4,028.25 crore in Q3 FY24. Revenue from operations also saw a decline of 2.7% year-on-year, totalling ₹11,233.03 crore for the quarter ending 31 December 2024.
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Published on: Feb 18, 2025, 11:34 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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