Power Grid Corporation Of India is currently trading at Rs. 211.40, up by 1.45 points or 0.69% from its previous closing of Rs. 209.95 on the BSE.
The scrip opened at Rs. 213.00 and has touched a high and low of Rs. 213.25 and Rs. 208.60 respectively. So far 474783 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 216.35 on 03-Dec-2021 and a 52 week low of Rs. 136.88 on 01-Feb-2021.
Last one week high and low of the scrip stood at Rs. 215.60 and Rs. 202.30 respectively. The current market cap of the company is Rs. 147740.09 crore.
The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 36.25% and 12.41% respectively.
Power Grid Corporation of India’s board (PGCIL) had approved investments proposals worth around Rs 552 crore. These investment proposals worth Rs 552 crore include capital expenditure for procurement of telecom equipment and associated power system for augmentation of telecom backbone and access network with an estimated cost of Rs 429.24 crore based on June 2021 price level with commissioning schedule of 24 months from the date of award.
It also approved the proposal for a regional system strengthening scheme to mitigate the overloading of 400 kV NP Kunta-Kolar SIC line at an estimated cost of Rs 122.71 crore including IDC of Rs 3.39 crore based on June 2021 price level scheduled to be commissioned by October, 2022.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.