Power Grid Corporation

  • Power Grid has moved up sharply. What should investors do now?

    The Indian power sector has been in the spotlight with surging electricity demand, a governmental drive towards renewable energy transition, and higher capex outlay in power generation and transmission space. Power transmission PSU, the Power Grid Corporation of India (PGCIL) has been a key beneficiary, with its stock having surged by around 190 per cent (300 per cent if dividends are included) in the last five years.

    stock index June 18, 2024