Power Grid Archives - Topnewsplus

Maharatna PSU Powergrid projects Capex of over Rs 3 lakh crore by 2032

Topnewsplus4 months ago03 mins

Government-owned Maharatna’ public sector company Power Grid Corporation of India Ltd (POWERGRID) on Wednesday said that the company’s estimated capex outlay will reach Rs 3,06,600 crore by 2032. The capex outlay refers to the total amount of funds a company spends on projects or investments over a specific period. It also includes all expenses or…

Power Grid shares dip after Q4 profit miss; Morgan Stanley not bullish — buy, sell or hold?

Topnewsplus4 months ago04 mins

Major public sector Power Grid Corporation of India had its shares down on Tuesday, May 20, after registering subdued earnings for the March quarter. The share fell 0.6 per cent to Rs 302.15 in initial trade on the NSE as investor sentiment became subdued despite the company declaring a final dividend and exit from stakes…