RESEARCH REPORT ON POWER GRID CORPORATION OF INDIA LIMITED

RESEARCH REPORT ON POWER GRID CORPORATION OF INDIA LIMITED

Power Grid Corporation of India Limited is a power transmission company engaged in planning, implementation, operation, and maintenance of Inter-State Transmission System (ISTS), telecom and consultancy services. The Company’s segments include Transmission Services, Consultancy Services and Telecom Services. Transmission Services is engaged in transmission of bulk power across different states of India consisting of extra high voltage/high voltage (EHV/HV) networks. Consultancy Services provides consultancy services in the transmission, distribution, and telecom sectors, including planning design, engineering, load dispatch, optical ground wire (OPGW) on intra state transmission network, procurement management, operation and maintenance, financing, and project management. It utilizes the spare Optical fibers available in the OPGW laid on the transmission network for providing telecom services to various customers. Its Smart Grid enables real time monitoring and control of power system.

COMPANY PROFILE
Power Grid Corporation of India Limited

Type Central Public Sector Undertaking
Traded as
• NSE: POWERGRID
• BSE: 532898
• BSE SENSEX Constituent
• NSE NIFTY 50 Constituent
Industry Electricity grids
Founded 23 October 1989; 33 years ago
Headquarters Gurugram, Haryana, India
Area served India
Key people Kandikuppa Sreekant, IPES
(Chairman & MD)
Products • Transmission
• Distribution
• Energy trading
Revenue ₹46,605 crore (US$5.8 billion) (2023)
Operating income
₹17,453 crore (US$2.2 billion) (2023)
Net income
₹15,417 crore (US$1.9 billion) (2023)
Total assets
₹250,295 crore (US$31 billion) (2023)
Total equity
₹83,014 crore (US$10 billion) (2023)
Owner Ministry of Power, Government of India
Number of employees 8,536 (March 2022)
Divisions
• Power System Operation Corporation Limited
• Powertel India Limited
Website www.powergrid.in

 

 FUNDAMENTALS

 SHAREHOLDING

FINANCIALS

 REVENUE

 

 NET PROFIT

 EPS

 BVPS

 

 

 ROE

 DEBT TO EQUITY

TECHNICAL ANALYSIS

BUY POWERGRID AT 242 TARGET 275,300 STOPLOSS 210 (1-3 MONTHS)

 

 Quarterly Topline Performance
Company witnessed QoQ revenue growth of 8.91%, which is highest in the last 3 years.

 It is currently sustaining above a critical near-term moving average, which reinforces the positive outlook. The RSI is showing a bullish crossover, suggesting increasing buying momentum in the stock. In terms of technical levels, the support is placed at Rs 210.

 Power Grid Corporation of India has recently experienced a breakout from a consolidation pattern, indicating a potential shift in its price trend.

 

RATIO ANALYSIS

Disclaimer: This research report is prepared by Shyam Advisory Limited, while making this report we have taken data from available sources and there may be errors in the data shown. We do not guarantee the accuracy of data and recommendation given in this report. Recommendation is for information purpose only. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the Intermediary or provides any assurance of returns to investors.

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