Power Grid Share Price: Power Grid Corporation of India Limited (PGCIL) is a major company in India’s power sector. This company supplies its electricity across the country, which is why investors always focus on this company.
If you are thinking of investing in Power Grid or you have already invested in it, then it is very important to understand its share price target so that you can make the right decision at the time of investment. In this blog, we will talk about the factors affecting the share price of Power Grid, its current performance and its future performance.
Power Grid Corporation of India Limited Company Overview
PGCIL is a government company that transmits power in India. Established in 1989, the company runs a huge network of transmission lines and substations, which form the backbone of India’s power infrastructure. Playing a vital role in India’s power sector, the performance of the power grid is linked to the country’s financial growth and demand for electricity.
| Company Name | Power Grid Corporation of India Ltd. |
| Founded | 1989 |
| Headquarters | Lucknow, UP |
| Industry | Power Transmission Utilities |
| Founder | R. K. Tyagi |
| CEO | R. K. Tyagi |
| Stock Exchange Listing | NSE & BSE |
| Official Website | powergrid.in |
Power Grid Corporation of India Ltd Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹2,96,363.74 Cr. |
| ROE | 18.12% |
| ROCE | 12.83% |
| P/E | 19.01 |
| P/B | 3.28 |
| Industry P/E | 25.66 |
| Debt to Equity | 1.42 |
| Div. Yield | 3.55% |
| Book Value | ₹97.13 |
| Face Value | ₹10 |
| EPS (TTM) | ₹16.76 |
| 52 Week High | ₹366.25 |
| 52 Week Low | ₹205.70 |
Power Grid Corporation of India Ltd Financials
Income Statement
| METRIC | 2024 | Y/Y CHANGE |
|---|---|---|
| Revenue | 458.43B | +0.53% |
| Operating expense | 177.70B | -0.81% |
| Net income | 155.73B | +0.99% |
| Net profit margin | 33.97 | +0.47% |
| Earnings per share | 17.25 | +4.64 |
| EBITDA | 402.17B | +0.10% |
| Effective tax rate | 15.88% | – |
Balance Sheet
| METRIC | 2024 | Y/Y CHANGE |
|---|---|---|
| Cash and short-term investments | 64.50B | -5.10% |
| Total assets | 2.51T | -0.55% |
| Total liabilities | 1.64T | -3.25% |
| Total equity | 871.45B | – |
| Shares outstanding | 9.30B | – |
| Price to book | 3.38 | – |
| Return on assets | 6.74% | – |
| Return on capital | 7.91% | – |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 155.73B | +0.99% |
| Cash from operations | 372.90B | -7.25% |
| Cash from investing | -131.14B | -83.72% |
| Cash from financing | -259.03B | +14.93% |
| Net change in cash | -17.28B | -166.09% |
| Free cash flow | 125.69B | -17.20% |
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Power Grid Share Price Target 2025 to 2030
| Year | Target Price |
|---|---|
| Power Grid Target Price 2024 | ₹375 |
| Power Grid Target Price 2025 | ₹400 |
| Power Grid Target Price 2026 | ₹430 |
| Power Grid Target Price 2027 | ₹470 |
| Power Grid Target Price 2028 | ₹510 |
| Power Grid Target Price 2029 | ₹555 |
| Power Grid Target Price 2030 | ₹620 |
Power Grid Corporation of India Ltd Shareholding Pattern
- Retail & Other: 3.50%
- Promoters: 51.34%
- Foreign Institution: 28.26%
- Mutual Funds: 12.26%
- Other Domestic Institution: 4.64%
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Factors Affecting The Power Grid Share Price
Economic Conditions
The economic condition of the country also affects the share prices of Power Grid because economic development increases the demand for power, which affects the company’s revenue and profit. Apart from this, it also affects the inflation rate, interest rate and operational expenses.
Government Policies And Rules
Power Grid’s performance is affected by government policies for regulations. Power Grid benefits from the government’s focus on infrastructure development and reforms in the power sector. The introduction of certain policies such as the National Grade and Green Energy Target directly impact the company’s growth prospects.
Financial Health
Power Grid’s financial condition such as its debt level and cash level affect investors’ confidence. A strong balance sheet maintains the positive image of the company.
Infrastructure Expansion And Investments
Power Grid’s ongoing infrastructure expansion and investment in new projects are important for its future growth. Completing large-scale projects increases the company’s income and strengthens its position in the market. Investors keep an eye on these developments because a successful project can positively impact the stock price.
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Power Grid Corporation of India Ltd Market Position
Power Grid shares have shown stability and consistent growth over the past few years. The company’s financial stability, strong infrastructure and strategic investments positively impact its share price. The company’s financial metrics such as revenue, net profit and return on equity (ROE) reflect its good performance.
Key Financial Metrics
- Dividend Yield: Power Grid is known for its good dividend which gives consistent benefits to the investors.
- Revenue Growth: Due to the growing network of Power Grid and increasing demand for electricity, its revenue always keeps increasing.
- Profit Margins: The profit margin of the company is good whi
- ch reflects its operational management.
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Target Analysis
Analyst experts give share price targets based on Power Grid’s financial performance, market conditions and its development. This prediction can be important for investors who are thinking of buying or holding Power Grid shares.
1. Short-Term Price Targets
For the short term, analysts usually focus on quarterly earnings reports, project updates and macroeconomic factors. Its current short term price targets have been positive.
2. Long-Term Price Targets
While taking long term targets, analysts and investors already take into account the company’s growth, infrastructure expansion and strategies. Due to the role of power grid and investments, long term protection projections have generally been positive.
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How To Analyze Power Grid Target Price?
Analyst Advice
Consider the opinion of financial analysts and experts who keep an eye on Power Grid. Their calculations and predictions can provide a good idea of the possible movement of the stock price.
Understand Project Development
Keep an eye on the ongoing and upcoming projects of Power Grid as successful completion of big projects boosts the growth of the company and also increases the share price positively.
Checking Financial Reports
Check Power Grid’s quarterly and yearly financial reports, this will give you information about the company’s income, profit margin and financial condition. Also pay attention to debt level, cash flow and capital expenditure.
Market Trends
Keep an eye on market trends, government policies and economic conditions that can impact Power Grid’s performance. A proper understanding of these helps in assessing the company’s future prospects.
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Conclusion
Today we learned about Power Grid Share Price Target. Power Grid plays an important role in India’s power sector and has a good track record which increases its growth prospects. Its share price has shown stability and positive growth so far. Investors should take decisions keeping in mind various factors that can affect the company’s performance. Keeping in mind financial analysis, market trends and expert opinions, investors can take the right decision on its share price target.
Investing also involves risk, so always take proper advice from a financial advisor so that your investment matches your targets and risk appetite.
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FAQs
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What is the future of Power Grid Corporation?
Yes.
-
Is POWERGRID profitable?
Yes.
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Is PowerGrid a good buy for long term?
Yes.
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Is POWERGRID a debt free company?
Yes, almost debt free.
-
Is the POWERGRID overvalued?
It is fairly valued.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
