Buy Power Grid Corporation of India, price target Rs 203: Kunal Bothra
The analyst suggested a stoploss at Rs 188 .
By ETMarkets.com | Updated:
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Independent analyst Kunal Bothra has a buy call on Power Grid Corporation of India Ltd. with a target price of Rs 203.0 . The current price of Power Grid Corporation of India Ltd. is Rs 193.0 Time period given by the analyst is Intra Day when Power Grid Corporation of India Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 188 .
Power Grid Corporation of India Ltd., incorporated in 1989, has a market cap of Rs 100969.68 crore.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue which contributed Rs 28447.16 Crore to Sales Value (95.61 % of Total Sales), Consultancy Income which contributed Rs 662.18 Crore to Sales Value (2.22 % of Total Sales), Income From Telecom which contributed Rs 606.59 Crore to Sales Value (2.03 % of Total Sales) and Other Operating Revenue which contributed Rs 36.53 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-12-2019, the company has reported consolidated sales of Rs 9364.36 crore, up 3.46 % from last quarter aales of Rs 9051.29 crore and up 7.20 % from last year same quarter aales of Rs 8735.75 crore. The company has reported net profit after tax of Rs 2641.58 crore in the latest quarter.
The company’s top management includes Mr.Dilip Nigam, Mr.K Sreekant, Mr.M N Venkatesan, Mr.Manoj Kumar Mittal, Mr.Rajeev Kumar Chauhan, Mr.S K G Rahate, Mr.Sanjay Malhotra, Mr.Sunil Kumar Sharma, Mr.Tse Ten Dorji, Mr.V K Singh, Mrs.A R Mahalakshmi, Mrs.Seema Gupta. Company has S K Mittal & Co. as its auditors. As on 31-12-2019, the company has a total of 5,231,589,648 shares outstanding.
Power Grid Corporation of India Ltd., incorporated in 1989, has a market cap of Rs 100969.68 crore.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue which contributed Rs 28447.16 Crore to Sales Value (95.61 % of Total Sales), Consultancy Income which contributed Rs 662.18 Crore to Sales Value (2.22 % of Total Sales), Income From Telecom which contributed Rs 606.59 Crore to Sales Value (2.03 % of Total Sales) and Other Operating Revenue which contributed Rs 36.53 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-12-2019, the company has reported consolidated sales of Rs 9364.36 crore, up 3.46 % from last quarter aales of Rs 9051.29 crore and up 7.20 % from last year same quarter aales of Rs 8735.75 crore. The company has reported net profit after tax of Rs 2641.58 crore in the latest quarter.
The company’s top management includes Mr.Dilip Nigam, Mr.K Sreekant, Mr.M N Venkatesan, Mr.Manoj Kumar Mittal, Mr.Rajeev Kumar Chauhan, Mr.S K G Rahate, Mr.Sanjay Malhotra, Mr.Sunil Kumar Sharma, Mr.Tse Ten Dorji, Mr.V K Singh, Mrs.A R Mahalakshmi, Mrs.Seema Gupta. Company has S K Mittal & Co. as its auditors. As on 31-12-2019, the company has a total of 5,231,589,648 shares outstanding.
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