NSE: POWERGRID | BSE: 532898

Mid-range Performer

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289.75 -3.35 (-1.14%)

22.1M NSE+BSE Volume

NSE 30 May, 2025 3:59 PM (IST)

269,485

Market Cap

Market Runner Up

1.3

Beta 1Year

Very High Volatility

Power Grid Corporation of India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for POWERGRID, BSE:532898 Power Grid Corporation of India Ltd.

Power Grid Corporation of India Ltd.

23 May 2016

289.75

-1.14%

Projects completing at lower than estimated costs

Buy: Power Grid Corporation of ...

Motilal Oswal

Champa-Kurukshetra HVDC line is delayed to July 2016 from our earlier target of end-March 2016. The delay is due to technical reasons attributable to a major vendor. The issues have now been addressed....

Power Grid Corporati.. has an average target of 365.60 from 5 brokers.

Power Grid Corporation of India Ltd.

29 Jan 2016, 12:00AM

289.75

-1.14%

Power Grid

Buy: Power Grid Corporation of ...

ICICI Securities Limited

Power Grid Corporation of India Ltd. is trading below its 30 day SMA of 303.6

Power Grid Corporation of India Ltd.

29 Jan 2016, 12:00AM

289.75

-1.14%

PowerGrid 29Jan2016

Buy: Power Grid Corporation of ...

Target

Phillip Capital

by10%. We build inRs 300bn. led bycommissioning of partof ChampaKurukshetra PoleIandGayaVaranasiline(Rs15bn). 9 PGCIL has maintained its earlier capex guidance of Rs 225bn for FY17 and guided for...

ICICI Securities Limited released a Buy report for Power Grid Corporation of India Ltd. with a price target of 361.0 on 22 May, 2025.

Power Grid Corporation of India Ltd.

28 Jan 2016

289.75

-1.14%

EARNINGS UPDATE - POWER GRID

Buy: Power Grid Corporation of ...

Target

Chola Wealth Direct

Power Grid Corporati.. has an average target of 365.60 from 5 brokers.

Power Grid Corporation of India Ltd.

05 Nov 2015

289.75

-1.14%

Power Grid Corporation of India Ltd- Research Report

Buy: Power Grid Corporation of ...

Angel Broking

For 2QFY2016, Power Grid Corporation of India (PWGR) reported a 16.8% yoy increase in transmission revenues to Rs4,708cr, which is 3.5% below our estimate of Rs4,878cr, on account of lower than expected capitalisation. For the quarter, capitalisation stood at Rs5,053cr, well below our estimate of Rs6,246cr. Capitalisation was expected to remain strong on account of spill-over in the commissioning of certain projects from 1QFY2016 to 2QFY2016 and the commissioning of the Biswanath Chariyali Agra transmission line in 2QFY2016. The company incurred a capex of Rs5,088cr during the quarter, which is higher than our estimate of Rs4,850cr. We reduce our FY2016 capitalisation estimate to Rs21,991cr, as against Rs22,257cr earlier. Lower operating expenses as a percentage of revenues and higher consultancy income helped the company in improving its EBITDA margin by 188bp yoy to 87.8%. In terms of operating performance, the impact of lower than expected revenue was partially offset by operating efficiencies, with transmission and employee expenses coming in lower than expected. The EBITDA came in at Rs4,318cr, as against our estimate of Rs4,368cr. Outlook and valuation We have reduced our estimates marginally to factor in the lower-than-expected capitalisation in 2QFY2016. We expect PWGR to report a revenue and EBITDA CAGR...

Power Grid Corporati.. has an average target of 365.60 from 5 brokers.

Power Grid Corporation of India Ltd.

05 Nov 2015

289.75

-1.14%

Power Grid 5Nov2015

Buy: Power Grid Corporation of ...

Phillip Capital

9 Even as debt is abovenormative levels of 70%, management does not see a risk of equitydilution.Thisisinlinewithourview,asweexpectassetcapitalisation(Rs526bn) inFY1617tooutpacecapex(Rs450bn),therebynotresultinginanequitygap....

ICICI Securities Limited released a Buy report for Power Grid Corporation of India Ltd. with a price target of 361.0 on 22 May, 2025.

Power Grid Corporation of India Ltd.

05 Nov 2015

289.75

-1.14%

EARNINGS UPDATE - POWER GRID

Buy: Power Grid Corporation of ...

Target

Chola Wealth Direct

Background: Power Grid (PGCIL) is India's largest power-transmission firm, carrying 55% of the power generated on the country's transmission lines. It owns and operates 92,946 circuit kilometres of transmission lines and 150 electrical substations. It also undertakes grid management and load-dispatch functions. PGCIL owns and operates a fibre-optic network of over 25,000km, connecting about 200 cities. It leases bandwidth available on its network to major telecoms operators. PGCIL is undertaking an ambitious INR 1tn capex programme to expand its transmission network in the 12th five-year plan. The government owns 69.42% of PGCIL....

Power Grid Corporation of India Ltd. is trading above its 100 day SMA of 289.0

Power Grid Corporation of India Ltd.

23 Sep 2015

289.75

-1.14%

Value picks in volatile times : World in turmoil, but India story intact

Power Grid Corporation of ...

HDFC Securities

While valuations across sectors have fallen, we remain bullish on domestic stories, such as (a) power utilities like NTPC and Power Grid with their annuity cash flow, regulated ROEs and high predictability, (b) select cement companies where we see value in terms of EV/tonne plus operating leverage playing out as infrastructure build-out takes place ? be it roads, railways, ports, or housing for all

Power Grid Corporati.. has an average target of 365.60 from 5 brokers.

Power Grid Corporation of India Ltd.

17 Aug 2015

289.75

-1.14%

EARNINGS UPDATE - POWER GRID

Buy: Power Grid Corporation of ...

Target

Chola Wealth Direct

ICICI Securities Limited released a Buy report for Power Grid Corporation of India Ltd. with a price target of 361.0 on 22 May, 2025.

Power Grid Corporation of India Ltd.

13 Aug 2015

289.75

-1.14%

PowerGrid 13Aug2015

Buy: Power Grid Corporation of ...

Phillip Capital

PGCIL's Q1FY16 PAT (Rs13.6bn, +14% yoy) was in line with estimates, led by strong asset capitalisationofRs70bntillJuly(Rs45.4bninQ1FY16);wemaintainthatPGCILisoncourse toachieveassetcapitalisationofRs230240bninFY16andexpectthestrongtrajectoryto...

ICICI Securities Limited released a Buy report for Power Grid Corporation of India Ltd. with a price target of 361.0 on 22 May, 2025.

Is Power Grid Corporation of India Ltd. worth buying?

1049 Votes:

Buy 79.98%

Sell 9.44%

Hold 10.58%

RESEARCH REPORTS

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