PowerGrid shares dip 5% on weak Q4 earnings
The state-run power company reported a 3.6% decline in its consolidated net profit to ₹4,166.33 crore in the March quarter of FY24.
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Power Grid shares jump 5% on new orders; plans to raise ₹12,000 cr via bonds
The PSU power transmission company has bagged three transmission projects in Rajasthan and Gujarat.
Are electoral bonds making stock markets jittery?
Stocks of Power Grid, Coal India, Adani Enterprises, Adani Port, and NTPC took a massive hit today
Power Grid acquires 2 SPVs, commences wind power plant in TN; stock rises
The company’s board is scheduled to meet on December 29 to consider and approve issue of taxable bonds under private placement.
Sensex falls 732 points from day’s high to end 181 points lower; here’s why
Jio Financial Services, Reliance Industries, Power Grid, JSW Steel, Larsen & Toubro, and ONGC contributed the most to the losses in Sensex.
LIC trims 2% stake in Power Grid for ₹3,079 cr; stock tumbles
LIC stock trades 0.29% down a day after it announced its shareholding in Power Grid has diluted from 5.303% to 3.3%.
Power sector Q2 preview: Higher generation, power sales to boost profitability
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
Power Grid acquires ER NER Transmission; stock surges 3%
The entity was acquired for an aggregate value of about ₹7.04 crore including 50,000 equity shares at par at ₹10 each along with assets and liabilities of the company as on the date of acquisition.
Sensex, Nifty to open in red; RIL, Torrent Pharma, BPCL, Power Grid, BHEL shares eyed
The Sensex and Nifty are poised to open lower on Wednesday, in line with global equities as investors remain concerned about a potential global recession.
Sensex surges 740 pts, Nifty ends at 17,488; Bajaj twins, M&M, Power Grid, Maruti rise
The Sensex and the Nifty ended higher for the third session on Wednesday, driven by strong buying in realty and banking stocks as well as firm Asian cues.
