Power Grid Corporation of India is currently trading at Rs 98.55, up by 1.10 points or 1.13% from its previous closing of Rs 97.45 on the BSE.
The scrip opened at Rs 97.00 and has touched a high and low of Rs. 99.20 and Rs. 96.90 respectively. So far 314072 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.00 on 14-Dec-2012 and a 52 week low of Rs. 86.70 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 101.90 and Rs. 96.60 respectively. The current market cap of the company is Rs. 45695.39 crore.
The promoters holding in the company stood at 69.42 % while Institutions and Non-Institutions held 23.69 % and 6.88 % respectively.
Credit rating agency, CARE has reaffirmed ‘AAA’ rating to Power Grid Corporation of India’s Long-term Borrowing Programme for FY14 worth Rs 13,000 crore which enhanced from 11,000 crore.
The ratings continue to take into account the ownership and continued support of the Government of India (GoI), PGCIL pivotal role in the Indian power sector for developing and maintaining inter-state and inter-regional power transmission network and national grid management, low risk business having cost-plus-tariff structure for majority of the projects, high operating efficiency, consistent increase in the operating income and net profit, superior profitability margins and strong project execution skills.
Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.
The scrip opened at Rs 97.00 and has touched a high and low of Rs. 99.20 and Rs. 96.90 respectively. So far 314072 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.00 on 14-Dec-2012 and a 52 week low of Rs. 86.70 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 101.90 and Rs. 96.60 respectively. The current market cap of the company is Rs. 45695.39 crore.
The promoters holding in the company stood at 69.42 % while Institutions and Non-Institutions held 23.69 % and 6.88 % respectively.
Credit rating agency, CARE has reaffirmed ‘AAA’ rating to Power Grid Corporation of India’s Long-term Borrowing Programme for FY14 worth Rs 13,000 crore which enhanced from 11,000 crore.
The ratings continue to take into account the ownership and continued support of the Government of India (GoI), PGCIL pivotal role in the Indian power sector for developing and maintaining inter-state and inter-regional power transmission network and national grid management, low risk business having cost-plus-tariff structure for majority of the projects, high operating efficiency, consistent increase in the operating income and net profit, superior profitability margins and strong project execution skills.
Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.
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