Power Grid Corporation Of India

REC, NTPC, Powergrid: Are power stocks losing steam? Here's what charts say

Technical chart suggests that power shares could crack up to 23% from present levels. Here are the key support and resistance levels to track on REC, NTPC and Powergrid stocks.

Power Grid Corporation bags new projects, share price rise 3%; details here

The surge in Power Grid Corporation share price came after the company's announcement that it had been declared the successful bidder under Tariff based competitive bidding for 3 projects

Stocks to Watch, March 5: Adani Wilmar, Coforge, Biocon, Ola Electric, RVNL

Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets

Power Grid share price slips 4% on weak Q3 performance; details here

Power Grid's consolidated profit dropped 4.1 per cent year-on-year (Y-o-Y) to Rs 3,861.6 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 4,028.3 crore in Q3FY24

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?

Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.

Jyoti Structures hits 10% upper limit on order of Rs 741 cr from Power Grid

The uptick in Jyoti Structures share price came after the company announced that it has received a Notification of Award (NoA) for a project worth Rs 741.28 crore in Khavda, Gujarat, from Power Grid

Dividend, bonus, stock split: IRCTC, 25 others to go ex-date next week

Here is the complete list of stocks turning ex-date next week for their respective corporate actions, along with key details

Power Grid Corporation, Indian Bank raise Rs 5,000 crore each in single day

Infrastructure bonds have a tenor of at least seven years and the proceeds are utilised by banks to fund long-term infrastructure projects

Maharatna stock: Power Grid Corporation bags new project; shares up 3%

Power Grid Corporation shares have yielded a return of 68.40 per cent in the last one year, and 112.72 per cent in the last two years

Indian power firms owed over $1 bn by Bangladesh amid financial turmoil

Five Indian power companies-Adani Power, SEIL Energy India, NTPC, PTC, and Power Grid Corporation of India-are collectively owed over $1 billion.

Power Grid planning Rs 40,000 cr undersea interconnection with Middle East

State-run Power Grid is planning an undersea interconnection worth up to Rs 40,000 crore with countries in the Middle East, a top official said on Monday. After the soft June quarter, which witnessed revenues being almost flat, the company sees the topline inching by only 4-5 per cent in FY25, its chairman and managing director R K Tyagi told reporters here after the earnings announcement on Friday. The company plans to invest Rs 18,000 crore this fiscal year, which will help accelerate the growth rate going forward, Tyagi said, explaining that as projects become older, the earnings from transmission projects go down and the company has to keep commissioning new projects to have higher revenue growths. On the interconnected projects front, it is looking at companies beyond the immediate neighbourhood and will be looking at countries in the Middle East, Tyagi said. He specified that discussions are ongoing with Oman, Saudi Arabia and the UAE for the interconnection. The company has

Fire at UP substation trips power supply to several parts of Delhi

Outage reportedly disrupted charge-taking ceremony at various ministries

Power stocks dip up to 19% on June 4; Adani Green, Adani Energy top losers

At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory

Power Grid Corporation Q4 results: PAT dips marginally to Rs 4,166 crore

State-owned Power Grid Corporation on Wednesday reported a nearly four per cent dip in its consolidated net profit to Rs 4,166.33 crore in the March 2024 quarter, mainly due to a marginal decline in income. The company reported a consolidated net profit of Rs 4,322.87 crore in the quarter ended on March 31, 2023, a BSE filing showed. Total income declined to Rs 12,305.39 crore in the quarter as compared to Rs 12,557.44 crore in the same period a year ago. For fiscal 2023-24, the consolidated net profit rose to Rs 15,573.16 crore from Rs 15,419.74 crore a year ago. Total income in the fiscal rose to Rs 46,913.12 crore as against Rs 46,605.64 crore in the year-ago period. The board also recommended a final dividend of Rs 2.75 per share (i.e. 27.5 per cent on the paid-up equity share capital) for the financial year 2023-24 subject to the approval of the shareholders at the ensuing annual general meeting of the company. The final dividend will be paid within 30 days from the date of

Buy PFC, Power Grid; Sell Bajaj Finance May futures, recommends Ajit Mishra

Ajit Mishra, SVP-Research of Religare Broking expects the Nifty to face resistance in the 22,300 - 22,400 range.

Indian Hotels, Power Grid, Federal Bank: Top 3 technical picks for May 14

There is a bullish butterfly pattern seen on hourly scale so based on these signals, we advise investors / traders to "go long" in Indian Hotels Company within the price range of Rs 545-555 per share

Power Grid Corporation stock surges 5% on bagging 3 transmission projects

Further, on Wednesday, Power Grid board approved a proposal to raise up to Rs 12,000 through the issuance of bonds in one or more tranches in FY25.

Skipper secures order worth Rs 737 crore from Power Grid Corporation

Skipper Limited, leading manufacturers for power transmission and distribution structures, on Sunday said it has secured an order worth Rs 737 crore from Power Grid Corporation of India Limited (PGCIL) for design, supply and construction of a cutting-edge 765 kV transmission line for the central PSU. Skipper director Sharan Bansal expressed enthusiasm about this latest achievement in the power transmission and distribution sector, emphasising the company's optimistic outlook on the industry. He highlighted the substantial boost to Skipper's order book in the transmission and distribution landscape, with the year-to-date order intake exceeding Rs 3,900 crore. "The orders from PGCIL have notably bolstered our order book in the transmission and distribution (T&D) landscape. With a year-to-date order intake surpassing Rs 3,900 crore, these recent victories are poised to significantly contribute to our envisioned growth trajectory in the foreseeable future," he said. The company, which

Power Grid Corporation Q3 results: Net profit rises 11% to Rs 4,028 crore

State-owned Power Grid Corporation on Wednesday posted a 10.5 per cent rise in consolidated net profit to Rs 4,028.25 crore in the December quarter, mainly on the back of higher revenues. Its consolidated net profit stood at Rs 3,645.29 crore in the year-ago period, the company said in a regulatory filing. Total income increased to Rs 11,819.70 crore in the third quarter of FY24 from Rs 11,530.22 crore a year ago. The company's board of directors, in their meeting on Wednesday, approved the payment of second interim dividend of Rs 4.50 per equity share of Rs 10 each (at the rate of 45 per cent of the paid-up equity share capital) for 2023-24. The second interim dividend shall be paid to members on March 5, 2024.

State-owned Power Grid board approves raising Rs 2,200 crore via bonds

State-owned Power Grid Corporation board on Friday approved raising of Rs 2,200 crore through bonds. The company's committee of directors for bonds, in their meeting on July 29, 2023, approved the raising of up to Rs 5,700 crore in FY 23-24 in multiple tranches to part finance its capex requirement, for providing inter corporate loan(s) to wholly owned subsidiaries/JVs and for general corporate purposes, according to a regulatory filing. Further, it stated that the committee of director for bonds in their meeting on Friday approved the raising of up to Rs 2,200 crore towards the third tranche of bonds. The base issue size is Rs 500 crore with a greenshoe option of Rs 1,700 crore, the the filing added.