Name: Latest research reports of Power Grid Corporation of India Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Power Grid Corporation of India Ltd.
Rating: 5
Author: Motilal Oswal

Power Grid: In line; Capitalization momentum on track

Buy: Power Grid Corporation of ...

Target

Motilal Oswal

Valuations not appreciating even nominal growth; Re-iterate Buy Power Grid's (PWGR) 2QFY18 PAT grew 14% YoY to INR21.4b (est. INR20.9b). Capitalization was up ~50% YoY to INR99.7b. The 1H capitalization of ~INR135b (up...