Power Grid Corporation of India Ltd is trading at Rs. 335.40, reflecting a rise of 1.20 points or 0.36% compared to its previous close of Rs. 334.20 on the BSE.

The stock opened at Rs. 337.15, hitting a peak of Rs. 337.15 and a low of Rs. 334.45 during the session. A total of 11,143 shares have been traded so far.

This BSE Group 'A' stock, with a face value of Rs. 10, reached its 52-week high of Rs. 362.30 on August 1, 2024, and a 52-week low of Rs. 193.80 on October 9, 2023. Over the past week, the stock's highest and lowest prices were Rs. 341.45 and Rs. 333.05, respectively. The company's market capitalization stands at Rs. 310,826.18 crore.

In terms of ownership, promoters hold 51.34% of the company, while institutions and non-institutional investors own 45.04% and 3.62%, respectively.

Power Grid Corporation has been awarded the contract to develop an Inter-State transmission system through a competitive bidding process. The project, titled "Transmission System for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex): Part H1," will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. The company received the Letter of Intent (LoI) on September 18, 2024.

The project involves setting up a new 765/400/220kV substation at Kurawar, along with 765kV and 400kV double circuit transmission lines and associated bay extension work at existing substations in Madhya Pradesh.

Power Grid Corporation is a state-owned electric utility company headquartered in Gurgaon, India.