Buy Power Grid Corporation of India. target Rs 232.0 : Rahul Randeria
Buy Power Grid Corporation of India Ltd. at a price target of Rs 232.0 and a stop loss at Rs 204.0 from entry point
By ETMarkets.com | Updated:
Rahul Randeria of IFCI Financial Services Limited has a buy call on Power Grid Corporation of India Ltd. with a target price of Rs 232. The current market price of Power Grid Corporation of India Ltd. is 211.25. The time period given by analyst is Intra Day when Power Grid Corporation of India Ltd. price can reach defined target. Rahul Randeria maintains stop loss at Rs 204.0 .
Power Grid Corporation of India Ltd., incorporated in the year 1989, is a largecap company with a market cap of ₹ 107770.75 crore operating in Power sector.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue which contributed ₹ 19877.08 Cr to Sales Value (95.55 % of Total Sales), Consultancy Income which contributed ₹ 465.46 Cr to Sales Value (2.23 % of Total Sales), Income From Telecom which contributed ₹ 392.25 Cr to Sales Value (1.88 % of Total Sales) and Interest which contributed ₹ 67.43 Cr to Sales Value (0.32 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 6500.95 Cr., up 4.36 from last quarter Sales of ₹ 6229.55 Cr. and up 22.14 from last year same quarter Sales of ₹ 5322.53 Cr. Company has reported net profit after tax of ₹ 1930.02 Cr. in latest quarter. The company’s CEO is Mr.I S Jha. It's Board of Directors include Mr.I S Jha, Mr.Jagdish I Patel, Mr.K Sreekant, Mr.Prabhakar Singh, Mr.Ravi P Singh, Mr.Tse Ten Dorji, Mrs.Joyti Arora, Ms.Divya Tandon, Mr.Ashwani Jain, Mr.D K Valecha, Mr.K V S Baba, Mr.Oommen Chandy, Mr.P K Agarwal, Mr.P Mukhopadhyay, Mr.Pankaj Kumar, Mr.S Gupta, Mr.S K Soonee, Mr.S Vaithilingam, Mr.Seema Gupta, Mr.T S Singh, Mr.U K Verma, Mr.V K Saksena, Mr.V K Srivastava, Ms.Divya Tandon, Dr.Pradeep Kumar. Company has its registered office at B-9, Qutab Institutional Area,, Katwaria Sarai, New Delhi, 110016, Delhi. Company has S K Mittal & Co. as its auditors. As on 31-03-2017, the company has a total of 5,231,589,648 shares outstanding.
Power Grid Corporation of India Ltd., incorporated in the year 1989, is a largecap company with a market cap of ₹ 107770.75 crore operating in Power sector.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue which contributed ₹ 19877.08 Cr to Sales Value (95.55 % of Total Sales), Consultancy Income which contributed ₹ 465.46 Cr to Sales Value (2.23 % of Total Sales), Income From Telecom which contributed ₹ 392.25 Cr to Sales Value (1.88 % of Total Sales) and Interest which contributed ₹ 67.43 Cr to Sales Value (0.32 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 6500.95 Cr., up 4.36 from last quarter Sales of ₹ 6229.55 Cr. and up 22.14 from last year same quarter Sales of ₹ 5322.53 Cr. Company has reported net profit after tax of ₹ 1930.02 Cr. in latest quarter. The company’s CEO is Mr.I S Jha. It's Board of Directors include Mr.I S Jha, Mr.Jagdish I Patel, Mr.K Sreekant, Mr.Prabhakar Singh, Mr.Ravi P Singh, Mr.Tse Ten Dorji, Mrs.Joyti Arora, Ms.Divya Tandon, Mr.Ashwani Jain, Mr.D K Valecha, Mr.K V S Baba, Mr.Oommen Chandy, Mr.P K Agarwal, Mr.P Mukhopadhyay, Mr.Pankaj Kumar, Mr.S Gupta, Mr.S K Soonee, Mr.S Vaithilingam, Mr.Seema Gupta, Mr.T S Singh, Mr.U K Verma, Mr.V K Saksena, Mr.V K Srivastava, Ms.Divya Tandon, Dr.Pradeep Kumar. Company has its registered office at B-9, Qutab Institutional Area,, Katwaria Sarai, New Delhi, 110016, Delhi. Company has S K Mittal & Co. as its auditors. As on 31-03-2017, the company has a total of 5,231,589,648 shares outstanding.
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