Power Grid Corporation of India Ltd. is the leader in power transmissions segment in India, having huge network of its power transmission. It hit the capital markets i.e NSE and BSE on 5 October in year 2007. Stock charts suggests us that the stock is trading with bullish bias as we are seeing stock is now trading firmly above 100 EMA on POWERGRID. Also technical indicators suggest us that there ... [Continue Reading]
Power Grid Q2 Results Declared, Profit Surged 41.52%
Power Grid Corporation Ltd. has announced its second quarter result (ending September 2010). It has reported net profit of Rs.651 crore against Rs.460 crore last quarter, a strong growth of 41.52% was seen on yearly basis (Year on year). Its total revenue boosted 25.04% to Rs.2,127 crore from Rs.1,701 crore (YoY). Also its average yearly earnings per share (EPS) was found to be Rs.5.22 per share, ... [Continue Reading]