Power Grid Corporation of India trades lower by 0.5%

DSIJ Intelligence / 21 Jun 2017

Power Grid Corporation of India trades lower by 0.5%

The stock hit a high of Rs 208 and a low of Rs 204.70 so far during the day. It also witnessed a spurt in the volume by more than 1.92 times.

Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of Inter-State Transmission System and operation of National and Regional Load Dispatch Centres. At Rs 207 per share at 1209 hours on BSE, it was trading lower by 0.5%. The company’s 25 lakh shares traded in a block deal on NSE at Rs 206.30 per share.
 
The stock hit a high of Rs 208 and a low of Rs 204.70 so far during the day. It also witnessed a spurt in the volume by more than 1.92 times.
 
The stock has delivered more than 30% returns in a period of one year. It has outperformed BSE Power Index and underperformed BSE Sensex over the same period. Its closest peers are Reliance Infrastructure and Torrent Power.

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