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  • Top commodity trading and broking companies in India-1,176.46( -1.49%) 20-Dec-2024
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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
98.2640435
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
POWERGRID
19.29
293666.57
EPS(TTM)
Face Value()
Div & Yield %
16.37
10
3.56
 

Power Grid Corporation of India Ltd
Power Grid to raise Rs 4,250 crore via bonds
Dec 18,2024
The company will issue unsecured, non-convertible, non-cumulative, redeemable, taxable, powergrid bonds - LXXX (80th) on a private placement basis.

These bonds are redeemable at par at the end of the 10th year and interest payments on a yearly basis. However, the coupon rate is to be decided after bidding at the electronic book provider platform.

The bonds are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The company reported a 0.3% rise in consolidated net profit to Rs 3,793.02 crore on a 0.1% increase in revenue from operations to Rs 11,277.76 crore in Q2 FY25 over Q2 FY24.

The scrip slipped 2.47% to currently trade at Rs 321.85 on the BSE.

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