/ Power Grid Slips Marginally Post Block Deal ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 21 June 2017

Power Grid Corporation of India was trading lower by 0.5% at Rs 207 per share at 1209 hours on BSE. The company’s 25 lakh shares traded in a block deal on NSE at Rs 206.30 per share.

The stock hit a high of Rs 208 and a low of Rs 204.70 so far during the day. It also witnessed a spurt in the volume by more than 1.92 times.

The stock has delivered more than 30% returns in a period of one year. It has outperformed BSE Power Index and underperformed BSE Sensex over the same period. Its closest peers are Reliance Infrastructure and Torrent Power.

Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of Inter-State Transmission System and operation of National and Regional Load Dispatch Centres.

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