Free Download Report On Power Grid Corporation of India Ltd.
The market leader in power transmission, Power Grid Corporation of India Ltd. features an assured return model for a piece of its business PowerGrid has a good dividend yield of about 6 %. Investors with a 3-4 year perspective and searching a stock at reasonable valuations with good growth and dividend prospects can invest in PowerGrid. The corporate is that the dominant player in inter-State power transmission, a segment expected to ascertain good growth on the rear of increase in power demand within the country. An assured return model for a piece of its business offer revenue visibility. We Ample investment adviser recommend to buy. As an investor, the most difficult aspect of investing in equity markets is getting the right timing to invest in. Investing in a quality business will enable you to sleep peacefully over long periods of time one of the best-stock-to-buy-today
Promoters held 51.34 % stake in the company as of Sept 30, 2020, while FIIs held 26.04 %, DIIs 16.14 % and public and others 6.48 %
in 1963 The National Thermal Power Corporation Limited, the National Hydro electrical power Corporation Limited and therefore the North-Eastern electrical power Corporation Limited (Acquisition and Transfer of Power Transmission Systems) Ordinance (“Power Transmission Systems Ordinance”) was enacted , pursuant to which the proper , title and interest of those three power generating companies in reference to the facility transmission , comprising of the most transmission lines, including the additional high voltage alternative current transmission lines and therefore the HVDC lines, and sub-stations, owned by them, were acquired by the govt of India and transferred to Company, with effect from April 1, 1992
May 2008 :POWERGRID was notified as a Navratna Company. Power Grid wholly owned subsidiary, power grid Operation Corporation Limited, was formed.
On November 2010, Successful listing of fresh equity shares on BSE and NSE stock exchanges in India for Initial Public Offer.
On March 2016, the 1200 Kv National Test Station with both the 1200kv and 400KV bays along the side only and double circuit stations of 1200kV lines are charged.
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