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Company News Details

Power Grid Corporation of India Ltd
Industry :  Power Generation And Supply
BSE Code
ISIN Demat
Book Value()
532898
INE752E01010
93.3993701
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
POWERGRID
20.83
320219.79
EPS(TTM)
Face Value()
Div & Yield %
16.53
10
3.27
 

power grid corporation of india ltd
Power Grid receives upgrade in stand-alone credit profile from S&P Global Ratings
Jul 24,2024
Power Grid Corporation of India (POWERGRID) announced that S&P Global Ratings, vide its communication dated July 23, 2024, revised stand-alone credit profile (SACP) of POWERGRID upward to 'bbb+' from 'bbb'.

Further, S&P Global Ratings affirmed its 'BBB-' long-term issuer credit rating and 'BBB-' issue rating on POWERGRID. The ratings are capped by that on the Indian sovereign (BBB-/Positive/A-3). The Positive Rating outlook on POWERGRID reflects the outlook on the sovereign rating on India.

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